NIFTY Prediction
Nifty experienced a volatile trading day, opening with a gap up and consolidating throughout the session to close positively, gaining around 42 points. On the daily charts, Nifty remained within the range of the previous trading session, forming an inside bar pattern. This makes the range extremes of 22,700 to 22,400 key levels to watch. A breakout in either direction could lead to a significant move. The crucial support zone lies between 22,400 and 22,300, while the critical resistance zone is between 22,700 and 23,000.
BANK NIFTY Prediction
Bank Nifty maintained its momentum, closing positively for the second straight trading session. The index shows a positive crossover, indicating a buy signal. A buy-on-dips strategy is recommended, with a stop loss at 48,500. The 48,500-48,300 range serves as strong support, while the resistance zone lies between 49,200 and 50,000. If Bank Nifty breaks above 49,200 on the daily chart, it could soon reach 50,000.
Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout
Sr. | Stock Name | Symbol | Links | % Chg | Price | Volume |
---|---|---|---|---|---|---|
1 | Adani Enterprises Limited | ADANIENT | P&FΒ |Β F.A | 6.8% | 3411.35 | 6,384,589 |
2 | Idea Cellular Limited | IDEA | P&FΒ |Β F.A | 4.45% | 15.25 | 1,913,385,085 |
3 | Gmr Infrastructure Limited | GMRINFRA | P&FΒ |Β F.A | 4.38% | 84.6 | 81,926,700 |
4 | Nmdc Limited | NMDC | P&FΒ |Β F.A | 4.29% | 260.15 | 24,596,856 |
5 | Adani Ports And Special Economic Zone Limited | ADANIPORTS | P&FΒ |Β F.A | 3.9% | 1437.4 | 8,238,969 |