13th August 2024 | Nifty & Bank Nifty in Different Direction
NIFTY Prediction Nifty experienced a volatile trading session, ending 21 points lower. Following a morning intraday selloff, the market found support near 24,200 and rebounded sharply. However, it failed to close above the 24,400 resistance zone. On the upside, resistance is at 24,500-24,800, while downside support is at 24,200-24,000. BANK NIFTY Prediction Bank Nifty is…
READ MORE
12th August 2024 | This Weak is for Trap & Confusion
NIFTY Prediction Nifty opened with a gap up on Friday and consolidated, ending the day with an increase of approximately 248 points. The daily charts show that the Nifty had previously declined from 25,100 to 23,900 and is now retracing that drop. On the upside, resistance is at the 24,500-25,000 range, while support lies between…
READ MORE
09th August 2024 | Technically Weak – Expect Green Finishing
NIFTY Prediction Despite extreme volatility, the Nifty50 ended the weekly expiry day on a weak note. Resistance on the upside is at 24,430-24,870, while support on the downside is at 24,100-23,800. BANK NIFTY Prediction The Bank Nifty saw a late surge, allowing it to close significantly higher than its intraday lows forming a green candlestick….
READ MORE
08th August 2024 | Nifty Expect volatile | Bank Nifty weak
NIFTY Prediction Nifty 50 formed a green candle, but the long-legged DOJI pattern suggests that there is still uncertainty. Resistance on the upside is at 24,400-24,800, while support on the downside is at 24,300-24,000. BANK NIFTY Prediction Bank Nifty saw a late surge, allowing it to close significantly higher than its intraday lows forming a…
READ MORE
07th August 2024 | Nifty Expect in Green Finishing
NIFTY Prediction The index opened with a green candle, showing early gains, but ended up forming a red candle as it gradually lost those gains. Resistance on the upside is at 24,400-24,720, while support on the downside is at 24,060-23,890. BANK NIFTY Prediction The Bank Nifty fell and ended at 49,770, forming an M-shaped candlestick…
READ MORE
06th August 2024 | Nifty Expect More Fall | π’ Is The Trap
NIFTY Prediction After starting lower, Nifty continued to drop slowly during the day, briefly falling below the 50-day EMA support level of 23,950 before ending at 24,055.60. Resistance on the upside is at 24,400-24,700, while support on the downside is at 24,000-23,630. BANK NIFTY Prediction The Bank Nifty dropped below its previous low of 50,440,…
READ MORE
02nd August 2024 | Nifty 25300 weak 24400 | Expect Good Week Finishing
NIFTY Prediction Nifty opened with a gap up today, consolidating throughout the day to finish with a gain of around 60 points. The daily charts show that Nifty has broken out of its sideways consolidation to the upside. We anticipate the rally to extend towards 25,000-25,500 in the short term, with support levels at 24,900-24,500….
READ MORE
01st August 2024 | Nifty 25300 weak 24400 | Avoid Trade in Volatile
NIFTY Prediction Nifty closed 21 points higher as the benchmark indices exhibited non-directional movement. A small inside bar candle formation was observed on the daily charts, while the intraday charts revealed a double top formation, suggesting potential temporary weakness. The resistance levels are set between 25,000 and 25,500, with support levels ranging from 24,500 to…
READ MORE