NIFTY & SENSEX Market Analysis – 24 June 2025
Welcome to today’s detailed market update based on the SuperTrend + EMA strategy for intraday and swing traders. Both NIFTY and SENSEX showed volatility after a bearish gap-down start. Let’s analyze the technicals for 24 June 2025 using the 10-minute chart timeframe.
📉 SENSEX Market Summary
- Opening: 81,860.73
- Day High: 82,169.67
- Day Low: 81,476.76
- Current EMA (10-min): 81,919.40
- SuperTrend Support: 81,822.35
📊 SENSEX Trend: Bearish reversal observed after a strong bullish candle. EMA sloping down; price trading below it. Caution advised for long trades.
📉 NIFTY Market Summary
- Opening: 24,958.90
- Day High: 25,136.20
- Day Low: 24,824.85
- Current EMA (10-min): 24,980.49
- SuperTrend Support: 24,950.49
📊 NIFTY Trend: Price rejected from day’s high; trading below EMA. Consolidation around SuperTrend level suggests indecision. Breakout below 24,950 could invite more downside.
💡 Technical Insights
- Both indices facing strong resistance near EMA levels.
- SuperTrend showing flattening, hinting at possible trend reversal if support breaks.
- Volume is relatively neutral—wait for confirmation before trading aggressively.
✅ What You Can Do Now
- Use tight stop-losses near SuperTrend support.
- Watch for EMA crossover if price regains bullish momentum.
- Avoid fresh entries unless a clear direction emerges after 10:30 AM tomorrow.
📚 Related Reads
- The 7% Rule in Stocks: How This Simple Rule Can Save You
- Top Stock Buy Signals on 23 June 2025 – Technical Picks
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Disclaimer: This is a technical analysis based on charts and should not be considered financial advice. Always do your own research or consult a financial advisor.
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