The Nifty50 ended the week on a strong footing, registering gains of over 1% and closing above the 25,000 mark for the first time since May 26, 2025.
A major catalyst for this rally was the Monetary Policy Committee’s surprise 50 bps rate cut, accompanied by an unexpected CRR reduction — both measures igniting bullish sentiment and propelling the markets higher on Friday.
Performance Review: Precision in Price & Time
Last week’s action offered a textbook validation of the price-time strategy. June 2 emerged as a key reversal date — exactly as anticipated.
The Nifty reversed course precisely from the highlighted support level of 24,535, triggering a rally of nearly 500 points to 25,029.50. This level served as a foundational support zone throughout the week:
- June 2: Low formed near 24,535
- June 3 & 4: Lows hovered around the same support
- June 6: Intraday low near 24,856, another pre-identified key level
Bank Nifty mirrored this pattern, staging a strong reversal on June 2 and gaining over 1,200 points through the week — further validating our precision-based framework.
Intraday Time Analysis: Accuracy Reaffirmed
Our intraday time analysis once again proved remarkably accurate:
- June 2: Low at 9:35 AM (vs. 9:55 AM projected); swing top at 12:30 PM (vs. 12:00 PM)
- June 3: Swing top at 10:20 AM (vs. 10:10 AM)
- June 4: Swing low at 11:00 AM; high at 2:45 PM (vs. 11:00 AM & 2:30 PM)
- June 5: Buying strength emerged at 10:50 AM; high at 12:00 PM
- June 6: Day high around 12:00 PM (vs. 12:05 PM)
Nifty (Spot) – Key Levels to Watch
Upside Targets: 24,978 → 25,085 → 25,320 → 25,435
Downside Supports: 24,856 → 24,676 → 24,535
Momentum Alert: June 10 & June 11
Expect strong momentum and notable price action on these two days. Be prepared for increased volatility and potential breakout opportunities.
Trend-Decider Alert: June 16 (±1 Trading Day)
This period could mark a critical inflection point for both Nifty and Bank Nifty. A trend reversal or acceleration may occur, potentially setting the tone for the coming weeks.
