Updated on 25 June 2026 @ 7.00 AM
Today’s Nifty Outlook
Bullish Above: 24,145
Bearish Below: 23,844
Expected Range: 23,850 β 24,270
Best Trade Today: Buy 24200 CE above 24,145
Nifty Levels Today: Support, Resistance, Option Chain & Trade Setup
Nifty closed at 24,021.65 and continues to maintain its short-term bullish structure after gaining 0.83% in the previous session. The index is trading above its 20, 34 and 50-day moving averages, while RSI at 56.24 and a positive MACD suggest improving momentum.
Option chain data indicates aggressive Call writing near 24,200β24,300, making this the immediate hurdle. On the downside, Put writers continue to defend the 24,000 strike, making it the first support zone.
As long as Nifty remains above 24,145, the index may extend its rally towards 24,270β24,570. A break below 23,844 could invite profit booking towards 23,666.
Today’s bias remains moderately bullish, although traders should remain cautious ahead of the weekly holiday.
Key Nifty Levels Today
| Level | Price |
|---|---|
| Support 1 | 23,844 |
| Support 2 | 23,666 |
| Pivot | 23,967 |
| Resistance 1 | 24,145 |
| Resistance 2 | 24,268 |
Chanakya View
π Above 24,145: Buy 24200 CE for targets of 24,270β24,570.
π Above 24,270: Fresh momentum buying may push Nifty towards 24,570.
π Below 23,844: Buy 24000 PE for targets of 23,666β23,365.
π Between 23,850β24,145: Expect consolidation with option premium erosion.
Nifty Option Chain Strategy Today β 30 June Expiry
Today’s Options Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
| Nifty 24200 CE | Buy Above Resistance | Rs. 70β78 | Rs. 105 / 135 | Rs. 48 |
| Nifty 24000 PE | Buy Below Support | Rs. 105β115 | Rs. 155 / 205 | Rs. 82 |
| Nifty 24100 CE | Buy on Dip | Rs. 115β125 | Rs. 165 / 210 | Rs. 90 |
Why This Trade?
β’ Nifty continues to trade above its 20 DMA, 34 DMA and 50 DMA, indicating improving short-term strength.
β’ Short-term trend remains Bullish, while medium and long-term trends continue to be Bearish.
β’ MACD remains positive with a strong positive histogram, supporting further upside.
β’ RSI at 56.24 indicates healthy momentum without entering the overbought zone.
β’ Option chain shows the strongest Put base around 24,000, while heavy Call writing is visible around 24,200, making this the immediate resistance.
β’ ADX remains below 20, suggesting the current trend is improving but not yet very strong.
β’ Traders should expect range-bound movement unless Nifty crosses 24,145 decisively.
Β
Support and Resistance
| Type | Levels |
| Immediate Support | 24,000 β 23,844 |
| Strong Support | 23,666 β 23,365 |
| Immediate Resistance | 24,145 β 24,268 |
| Strong Resistance | 24,570 β 24,870 |
Key Levels
| Level Type | Price |
| Pivot Point | 23,967 |
| Downside Trigger | 23,844 |
| Upside Trigger | 24,145 |
| Major Resistance | 24,268 |
| Strong Support | 23,666 |
βΆ PCR Analysis Today
| Strike | PCR Interpretation |
| 23900 | Strong Put Support (PCR 3.11) |
| 23950 | Healthy Put Base (PCR 1.99) |
| 24000 | Major Support Zone (PCR 1.16) |
| 24050 | Neutral Zone (PCR 0.75) |
| 24100 | Call Writers Active (PCR 0.48) |
| 24150 | Strong Resistance Emerging (PCR 0.24) |
| 24200 | Heavy Call Writing (PCR below 0.35) |
Bias: Bullish above 24,145; weakness below 23,844.
βΆ Max Pain & Execution Plan
Max Pain Today
| Metric | Level |
| Max Pain Zone | 24,000 β 24,100 |
Execution Plan
| Condition | Action |
| Above 24,145 | Buy 24200 CE |
| Above 24,270 | Add Long Positions |
| Below 23,844 | Buy 24000 PE |
| 23,850 β 24,145 | No Trade Zone |
βΆ Technical View Today
| Indicator | Signal |
| Momentum | Bullish |
| RSI | 56.24 |
| ADX | 15.98 (Weak Trend Strength) |
| MACD | Positive |
| DMI | Nearly Neutral |
| ATR | 274.55 |
| Bollinger Bands | Trading Near Upper Half |
| StochRSI | Improving |
βΆ Pro-Level Upgrade (What Big Players Do)
β’ Continue holding long positions while Nifty trades above 24,000.
β’ Fresh buying should preferably be initiated only after a sustained move above 24,145.
β’ Book partial profits near 24,270 and again around 24,570.
β’ Below 23,844, shift focus towards protective Put positions.
β’ As 26 June is a market holiday, some profit booking may emerge during the second half of today’s session, so avoid carrying oversized leveraged positions into the long weekend.ders should shift focus towards protective Put strategies and capital preservation.ositions.