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The Daily Candle

2026-06-17·3 min read·● Markets Open

Markets are trading positive. Nifty at 24,041.4 (+1.68%). 2/4 global cues supporting.

Nifty 50
24,041.4
+1.68%
Sensex
77,029.6
+2.38%
Bank Nifty
57,555.4
+7.16%
India VIX
13.31
-5.5
USD/INR: 94.54Events today: 0Positive cues: 2Risk cues: 2
No major earnings results scheduled today

Nifty 50↗ Bullish

Resistance 224,074
Resistance 124,032
Pivot Point23,960
Support 123,917
Support 223,846
Current Price 24,041

Bank Nifty↗ Bullish

Resistance 257,581
Resistance 157,439
Pivot Point57,258
Support 157,116
Support 256,934
Current Price 57,555
Nifty 50
+1.7%
Sensex
+2.4%
Bank Nifty
+7.2%
S&P 500
7,511.35
-42.94
NASDAQ
26,376.34
-307.60
DOW
51,999.67
+328.64
Nikkei 225
69,902.25
+497.75
Risks
Global Headwinds★★★

2 major indices showing weakness — risk-off sentiment may spill over.

Rupee Weakness★★★

USD/INR at 94.53 — sustained weakness may impact import-heavy sectors and increase FII outflows.

Opportunities
Bullish Momentum★★

Nifty up 1.7% — positive sentiment may carry forward.

Global Tailwinds★★

2 major indices gaining — supportive environment for risk assets.

No economic events scheduled
Educational Purpose OnlyThis briefing is for informational and educational use only. It is not investment advice, a recommendation, or a solicitation to buy/sell any securities. Past performance is not indicative of future results. Data sourced from OpenBB, NSE, BSE. May be delayed. Consult a SEBI-registered advisor before making investment decisions.