Stock Market Prediction for Today – 02nd June 2025 | Morning Snippet by Sachin Sival

Good Morning Traders & Investors!

Welcome to your daily dose of clarity and conviction — straight from the Replete Equities desk. Let’s decode the stock market prediction for today using price action, derivative data, and a unique global vs. domestic divergence chart.

🧭 Index View | Stock Market Prediction for Today

The Nifty 50 has been tightly consolidating within a narrow 2% range for the past 11 sessions. This sideways movement is often the calm before the storm. So what’s the trigger?

• Key Resistance: 25,000 – 25,050
• Downside Support: 24,300 – 24,100
• The index needs a strong close above 25,050 to negate the risk of correction, especially after a solid rally without any meaningful pullback.

🔍 Bank Nifty – The Outperformer

The Bank Nifty, in contrast, has shown strength:

• Closed at highest weekly level ever
• Formed a short-term bullish flag breakout on daily chart

📊 Buy on Dips Zone: 55,000
🎯 Upside Target: 56,200
⚠️ Trend Invalidates Below: 54,500

🔔 Stock market prediction for today shows that Bank Nifty may continue to lead if it holds above 55,000.

🔔 Key Events to Watch This Week

• 📆 Tuesday: BSE Sensex Weekly Expiry
• 📆 Thursday: Nifty 50 Weekly Expiry
• 🏦 Friday: RBI Policy Meeting (a potential macro trigger)

Expect volatility and positioning changes around these events.

📊 Global Chart Insight | Nasdaq vs Nifty IT Ratio

Let’s take a macro view with this insightful chart:

What it shows:

• Upper Panel: Nasdaq 100 is just ~3% below its all-time highs
• Lower Panel: Nifty IT / Nifty 50 Ratio is lagging

Historically, this ratio tracks Nasdaq. But now it’s showing underperformance of Indian IT stocks, suggesting:

• Indian tech isn’t benefiting from the global tech rally (yet)
• Watch this ratio — a reversal could spark alpha-generating IT opportunities

📌 Stock Market Prediction Tip: If Nasdaq keeps surging, a catch-up rally in Nifty IT can’t be ruled out. Stay alert for cues.

🧾 Derivatives & F&O Cues | Trade Setup

🔄 Cash Market Activity

• FIIs: ₹ -6,449 Cr (Selling Pressure)
• DIIs: ₹ +9,095 Cr (Strong Buying)

📅 Weekly Trend (WTD)

• FIIs: ₹ -419 Cr
• DIIs: ₹ +33,132 Cr

📆 Monthly Trend (MTD)

• FIIs: ₹ +11,773 Cr
• DIIs: ₹ +67,642 Cr

⚙️ F&O Data Insights:

• FIIs added 5,000 short contracts
• Now holding 83,000 net short contracts
• Support Zone: 24,700
• Resistance Zone: 25,200

💡 Interpretation:

• Options data suggests range-bound movement with possible upside only above 25,200
• Until then, traders should stay nimble with hedged strategies

📌 52-Week High/Low Overview (NSE)

✅ Market Breadth: Leaning bullish but still modest — ideal for stock-picking rather than broad market chasing.

💡 Replete Equities Outlook | Powered by Price Action & Probability

At Replete Equities, we believe predictions are not about certainty — they’re about probabilities with preparation.

“Today’s stock market setup is about patience and breakout watching. The consolidation phase can end with a directional move — stay hedged, stay disciplined.”
— Sachin Sival, Founder – Replete Equities

📲 Ready to Trade Smartly?

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📝 Final Word

The stock market prediction for today suggests a cautious yet opportunity-driven day. With Bank Nifty outperforming and Nifty consolidating, the key lies in respecting levels, watching global tech correlations, and trading with hedged conviction.

Stay updated. Stay Replete. 💼

Disclaimer: Stock trading involves risk. This blog post is for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.