The Nifty 50 closed 19 points lower after a choppy trading session, continuing its southward journey for the third consecutive session amid fears of an escalating Iran-Israel conflict and cautious commentary from the Federal Reserve. The index traded just below the short-term moving averages (10- and 20-day EMAs) for another session but consistently held the 24,700 support level throughout the week. Experts believe that if this level is decisively breached, the 24,500–24,450 zone becomes a crucial support area to watch. On the upside, the 25,000 mark remains a critical hurdle for any further upward movement.

Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The Nifty 50 (24,793)

Resistance based on pivot points: 24,846, 24,877, and 24,926

Support based on pivot points: 24,747, 24,716, and 24,667

Special Formation: The Nifty 50 formed a Doji-like candlestick pattern on the daily charts, indicating indecision between bulls and bears. It continued to trade just below the short-term moving averages (10- and 20-day EMAs) and the midline of the Bollinger Bands for another session. The MACD histogram softened further with a negative crossover in the MACD, while the RSI stood at 51.65, suggesting a cautious outlook.

2) Key Levels For The Bank Nifty (55,577)

Resistance based on pivot points: 55,843, 55,954, and 56,132

Support based on pivot points: 55,487, 55,376, and 55,198

Resistance based on Fibonacci retracement: 56,099, 56,810

Support based on Fibonacci retracement: 55,266, 54,845

Special Formation: The Bank Nifty formed a bearish candle on the daily timeframe, falling 251 points amid rangebound trading. The index continued to hover around the short-term moving averages and the midline of the Bollinger Bands during the week, while managing to defend the 55,400 zone. The MACD histogram weakened further with a consistent negative crossover, and the RSI was at 50.66, signaling near-term nervousness.

3) Nifty Call Options Data

According to the monthly options data, the 25,000 strike holds the maximum Call open interest (with 75.52 lakh contracts). This level can act as a key resistance for the Nifty in the short term. It was followed by the 25,500 strike (65.73 lakh contracts), and the 24,800 strike (48.4 lakh contracts).

Maximum Call writing was observed at the 24,800 strike, which saw an addition of 24.43 lakh contracts, followed by the 25,100 and 25,500 strikes, which added 17.6 lakh and 15.52 lakh contracts, respectively. The maximum Call unwinding was seen at the 24,150 strike, which shed 5,625 contracts, followed by the 24,100 strike, which shed 975 contracts.

4) Nifty Put Options Data

On the Put side, the maximum Put open interest was seen at the 24,000 strike (with 74.61 lakh contracts), which can act as a key support level for the Nifty. It was followed by the 24,500 strike (60.96 lakh contracts) and the 24,800 strike (56.86 lakh contracts).

The maximum Put writing was placed at the 24,800 strike, which saw an addition of 22.66 lakh contracts, followed by the 24,000 and 23,900 strikes, which added 18.6 lakh and 11.59 lakh contracts, respectively. The maximum Put unwinding was seen at the 25,000 strike, which shed 1.55 lakh contracts, followed by the 25,200 and 24,950 strikes which shed 29,775 and 10,725 contracts, respectively.

5) Bank Nifty Call Options Data

According to the monthly options data, the 56,000 strike holds the maximum Call open interest, with 25.4 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 57,000 strike (17.01 lakh contracts) and the 56,500 strike (13.33 lakh contracts).

Maximum Call writing was visible at the 55,700 strike (with the addition of 2 lakh contracts), followed by the 56,000 strike (1.5 lakh contracts), and the 55,800 strike (1.44 lakh contracts). The maximum Call unwinding was seen at the 57,500 strike, which shed 73,440 contracts, followed by the 57,600 strike, which shed 12,810 contracts.

6) Bank Nifty Put Options Data

On the Put side, the maximum Put open interest sustained at the 56,000 strike (with 18.81 lakh contracts), which can act as a key level for the index. This was followed by the 55,000 strike (13.3 lakh contracts) and the 54,000 strike (10.14 lakh contracts).

The maximum Put writing was observed at the 54,400 strike (which added 1.36 lakh contracts), followed by the 54,500 strike (59,250 contracts) and the 54,700 strike (22,740 contracts). The maximum Put unwinding was seen at the 56,000 strike, which shed 1.28 lakh contracts, followed by the 54,200 and 55,900 strikes, which shed 1.22 lakh and 1.14 lakh contracts, respectively.

7) Funds Flow (Rs crore)

8) Put-Call Ratio

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, spiked to 1.03 on June 19, compared to 0.80 in the previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.

9) India VIX

The fear gauge, India VIX, maintained its downtrend for the fourth consecutive session and remained below all key moving averages, closing 0.14 percent lower at 14.26, indicating some comfort for bulls.

10) Long Build-up (8 Stocks)

A long build-up was seen in 8 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.

11) Long Unwinding (72 Stocks)

72 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.

12) Short Build-up (125 Stocks)

125 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.

13) Short-Covering (18 Stocks)

18 stocks saw short-covering, meaning a decrease in OI, along with a price increase.

14) High Delivery Trades

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.

15) Stocks Under F&O Ban

Securities banned under the F&O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&O ban: Nil

Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Biocon, Central Depository Services, HUDCO, Manappuram Finance, RBL Bank, Titagarh Rail Systems

Stocks removed from F&O ban: Birlasoft, Chambal Fertilisers and Chemicals