Nifty prediction today – 9 June 2025: Bullish. Now go for a long time and accumulate on dips

Nifty prediction today – 9 June 2025: Bullish. Now go for a long time and accumulate on dips

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Nifty 50 opened with a wide gap-up and manages to stay higher. The index is currently being traded at 25,091, an increase of 0.35 percent. The ratio for progress/decreases is at 34:16. This is positive.

Nifty 50 Outlook

The prospects are bullish. Immediate support is 25,070. Below 25,050-25,000 will be the next strong support. Nifty can rise to 25,250-25,300 in the upcoming sessions.

The prospects in the short term only become negative if the index decreases less than 25,000. If that happens, a fall up to 24,930-24,900 can be seen.

Nifty 50 Futures

The Nifty 50 June Futures (25,178) has risen 0.32 percent. Immediate support is around 25,120. The following important support is among those 25,050. The prospects are bullish. We can expect that the contract will see an increase to 25,500 this week.

The contract must fall below 25,050 to make the display negative in the short term. In that case a decrease of 24,900 can be seen. But looking at the price action on the graph, it looks unlikely this fall.

Trade strategy

Although the prospects are bullish, there are opportunities to see a dip to test the support before they get up again. So a positional trade would be better instead of an intraday trade. Now go for a long time at 25,178. Collect on Dips on 25,130 and 25,080 (if we get a fall under 25,100). Keep the stop-loss on 24,960. Trail de Stop-Loss up to 25,220 as soon as the contract goes up to 25,270. Move the Stop-Loss further up to 25,320 and 25,400 when the contract affects 25,370 and 25,440 respectively. Leave the lung at 25,500.

Keep in mind that this is a positional trade with a one -week period.

Support: 25,120, 25,050

Resists: 25,400, 25,550

Published on June 9, 2025

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