NIFTY Prediction
Nifty witnessed a sharp selloff, ending 345 points lower. The formation of a long bearish candle suggests potential further weakness, though a technical rebound may occur from current levels. Resistance is expected at 22100-22150, with support seen at 21950-21900.
BANK NIFTY Prediction
Bank Nifty index remains under bearish pressure, with the next immediate support level at 47,400. A breach below this level could escalate selling pressure towards the 47,000 mark. The index encounters immediate resistance at 48,000, where there is notable call writing activity. A decisive breakthrough above this resistance level might prompt short-covering moves towards the 48,500 mark.
Stock Prediction
STOCK | Good Above | Weak Below |
AUBANK
Β
|
631 | 625 |
ESCORTS | 3481 | 3451 |
GODREJCP
Β
|
1351
Β
|
1332 |
INFY
Β
|
1444
Β
|
1425 |
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