NIFTY Prediction
Nifty went up a lot after staying flat in the last trading session. The short-term outlook seems really good because the index ended close to its highest-ever point. Itβs a good idea to buy when the market drops, as long as it stays above 23,000. If it goes higher, it might reach somewhere between 23,500 to 23,600. But if it falls below 23,000, people might start selling to take their profits. Resistance is identified at the 23,500-23,600 range, while support is found at 22,000-21,800.
BANK NIFTY Prediction
Bank Nifty continued its pullback but hasnβt yet reached its previous peak of 51,133. This trend is expected to go on, and if it drops to between 49,500 and 49,000, it could be a good time to buy. The resistance is between 51,200 and 51,500, while the support is between 49,500 and 49,000.
Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout
Sr. | Stock Name | Symbol | Links | % Chg | Price | Volume |
---|---|---|---|---|---|---|
1 | L&T Finance Ltd | LTF | P&FΒ |Β F.A | 5.91% | 168.45 | 14,435,252 |
2 | Mahindra & Mahindra Limited | M&M | P&FΒ |Β F.A | 5.84% | 2857.45 | 6,447,821 |
3 | The Ramco Cements Limited | RAMCOCEM | P&FΒ |Β F.A | 5.73% | 831.8 | 3,558,873 |
4 | Wipro Limited | WIPRO | P&FΒ |Β F.A | 5.11% | 484.55 | 36,336,220 |
5 | Birlasoft Ltd | BSOFT | P&FΒ |Β F.A | 4.86% | 678.15 | 7,518,741 |