📅 June 22, 2025 | Market Insights Desk
🔍 Keywords: Sensex today, Nifty analysis, Indian stock market, technical chart, RSI indicator, Bollinger Bands, stock market news
🚀 Indian Markets Rally: Sensex and Nifty Gain Over 1%
Indian benchmark indices posted strong gains on Friday, June 21, 2025, with the S&P BSE Sensex closing at 82,408.17 (+1.29%) and Nifty Futures ending at 25,111.70 (+1.24%). Both indices broke out from recent consolidation patterns, supported by healthy volumes and positive momentum indicators—signaling potential for further upside next week.
📊 Technical Analysis Breakdown
🔵 Sensex (BSE) – Daily Chart Analysis
- Close: 82,408.17
- High/Low: 82,494.49 / 81,323.20
- Bollinger Bands:
- Upper Band: ~82,684
- Middle SMA (20-day): ~81,681
- Lower Band: ~80,678
- RSI (14): 58.29
- Trend: Bullish breakout from mid-Bollinger range
📌 Insights:
- The Sensex has convincingly broken above the middle band of the Bollinger Bands, approaching the upper band.
- RSI at 58.29 shows increasing bullish momentum but remains below overbought levels (70), indicating room for upside.
- Volume has been consistent, supporting price strength. A move above 82,700 could lead to a short-term rally toward 83,200–83,500 levels.
🔵 Nifty Futures (NSE) – Daily Chart Analysis
- Close: 25,111.70
- High/Low: 25,137 / 24,806
- Bollinger Bands:
- Upper Band: ~25,237
- Middle SMA (20-day): ~24,919
- Lower Band: ~24,600
- RSI (14): 57.67
- Volume: ~7.88M
📌 Insights:
- Nifty Futures also surged past the mid-Bollinger level and is testing the upper band near 25,237, a key resistance.
- RSI at 57.67 indicates moderately bullish strength, aligning with the Sensex.
- The recent bullish candle with strong volume indicates a potential continuation toward the 25,300–25,500 zone.
📈 Key Technical Signals:
| Indicator | Sensex | Nifty Futures |
|---|---|---|
| RSI (14) | 58.29 | 57.67 |
| Price vs BB Middle | Above | Above |
| Volume Strength | Moderate/Strong | Strong |
| Short-Term Trend | Bullish Bias | Bullish Bias |
💡 What’s Fueling the Rally?
- 🔹 Dividend Season: Over 30 companies, including HDFC Bank, Hindustan Unilever, and Bajaj Holdings, are issuing dividends this week—boosting investor sentiment.
- 🔹 Global cues: Positive global markets and crude price stability have also aided Indian equities.
- 🔹 Technical Breakout: Both indices are exiting range-bound phases, gaining traction among swing traders and institutions.
🧭 What to Watch Next Week
- Sensex Resistance: 82,700 / 83,300 | Support: 81,600
- Nifty Resistance: 25,250 / 25,500 | Support: 24,900
- Volatility Watch: Keep an eye on FII flows and US Fed commentary
✅ Conclusion
Both Sensex and Nifty Futures are showing strong bullish structure, with upward breakouts, positive RSI, and supportive volume trends. Traders can expect a positive start to the week, especially with dividend-driven investor enthusiasm.
