As the trading week progresses, all eyes are on the Nifty 50, which continues to hold above key levels, supported by strong domestic sentiment and mixed global cues. According to market experts, 25,000 is now a critical support zone—a level that could determine the short-term direction of the index.
🔍 Nifty 50 Outlook:
- Support: 25,000 – A break below this could signal weakness and trigger a possible correction.
- Resistance: 25,350–25,400 – Sustained buying could push the index toward this zone, reinforcing the uptrend.
Traders are advised to watch this range closely, as a decisive move in either direction may set the tone for the rest of the week. Sector rotation and global macroeconomic cues will also influence market momentum.
📊 Global Market Snapshot:
- US markets closed mixed overnight, with investors awaiting key inflation data later this week.
- Asian indices showed a cautious tone in early trade today amid uncertainty in China’s property sector and tech regulation concerns.
- Crude oil prices remain steady, while the dollar index is slightly softer, lending support to emerging market equities.
📌 Stocks to Buy or Sell Today — 10 June 2025
Here are 8 high-conviction stock ideas from technical analysts for Tuesday’s trade:
✅ Stocks to Buy:
- Reliance Industries – Buy above ₹2,890 | Target: ₹2,950 | Stop Loss: ₹2,850
- Tata Motors – Buy on dips near ₹980 | Target: ₹1,020 | Stop Loss: ₹960
- Axis Bank – Buy if sustains above ₹1,250 | Target: ₹1,300 | Stop Loss: ₹1,225
- Infosys – Buy on breakout above ₹1,540 | Target: ₹1,580 | Stop Loss: ₹1,515
❌ Stocks to Sell:
- Zomato – Sell below ₹172 | Target: ₹165 | Stop Loss: ₹176
- Adani Ports – Sell on rise near ₹1,240 | Target: ₹1,200 | Stop Loss: ₹1,260
- JSW Steel – Sell if breaks ₹930 | Target: ₹900 | Stop Loss: ₹945
- HDFC Life – Sell below ₹635 | Target: ₹620 | Stop Loss: ₹645
📎 Final Takeaway:
As long as Nifty 50 holds above the 25,000 mark, the broader trend remains positive. However, traders should tread with caution around resistance levels and be prepared for volatility driven by both domestic and international news flow.
Stay nimble, follow the levels, and manage risk carefully
