Volatility to persist across markets amid unstable technical structure: Rajesh Palviya

June 16, 2025

Nifty is consolidating between 24,500 and 25,200, with 25,000 acting as resistance. Bank Nifty underperforms, potentially falling to 55,000 if it breaks 55,500. Crude oil prices are spiking due to geopolitical tensions, with $76-$78 as the next hurdle and support at $68; a break above $78 could lead to $86-$88.

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