NIFTY Prediction Nifty made a strong recovery, briefly reaching the 24,500 resistance level in the first half of the day. However, profit-taking in the latter part of the session reduced the overall gains. Currently, the Nifty is in a downward trend. If you hold short positions, it’s advisable to maintain them with a daily closing…
READ MORENIFTY Prediction After a flat start, the Nifty gradually declined throughout the session, though a slight bounce in the last hour helped reduce some losses. The Nifty dropped below its recent consolidation level as the absence of follow-up buying led to increased selling pressure, decisively falling below 24,350. Resistance is noted between 24,500 and 25,000, with…
READ MORENIFTY Prediction Markets reversed a three-day decline as investors engaged in value buying of banking, metal, and real estate stocks, which had recently experienced significant drops. We expect the upward momentum to continue in the coming sessions, with targets set in the 25,000 to 25,200 range. Support has shifted higher to the 24,500 to 24,000…
READ MORENIFTY Prediction Nifty Index finally broke out of its range of 24,920-25,200. After a quiet opening, auto stocks led the correction, pulling the Index lower. In the second half of the session, more selling pressure pushed the Index further down, ending at 24,749.85 with a loss of 221.45 points. Resistance is now seen in the 25,000 to 25,200 range, while support has shifted higher…
READ MORENIFTY Prediction Nifty level of 25,200 proved to be a strong resistance, causing a sharp reversal and leading to range-bound activity. The index closed at 25,057.35, down 70.60 points. We expect upward momentum to continue in the coming sessions, targeting the 25,200–25,500 range. Support has shifted higher to 25,000–24,800. BANK NIFTY Prediction Bank Nifty Markets…
READ MORENIFTY Prediction Nifty started slightly in the red and remained within a tight range, ending with a loss of around 24 points. For the past three trading sessions, Nifty has been consolidating between 25,200 and 24,900. We anticipate an upward breakout from this consolidation, with a potential rally toward 25,350 – 25,500. Key support levels…
READ MORENIFTY Prediction Mid and Smallcaps rose over 2%, outperforming the Frontline Index. The Nifty50 ended its streak of bearish candles, forming a strong bullish candle called Bullish Harami, along with a hidden bullish divergence in the RSI, suggesting a potential reversal of the bearish trend. A strong move above 25,140 will confirm a trend reversal,…
READ MOREAs Follows SEBI, BSE is Going to Stop Bankex & Sensex Expiry contract (F&O) Trading. As follows, GAGA Share is officially stopped using from 07th October 2024. NIFTY Prediction The markets continued to struggle, losing over 1%. Domestic Equities continued their downward journey with Nifty breaching 25k in intra-day. After an initial drop, the…
READ MORENIFTY Prediction NIFTY has shifted into a negative trend during the last trading session. Traders may consider going short on NIFTY with a stop loss set at 26,186 based on daily closing prices. After a brief pause in the previous session, the Nifty dropped significantly, breaking below its recent consolidation range. Resistance levels are seen…
READ MORENIFTY Prediction Nifty opened flat and stayed volatile throughout the day. A late rally led to a close in negative territory, ending down about 37 points and forming a red candle. The immediate resistance lies between 26,400 and 26,600, while support on the downside is found between 26,000 and 25,900. BANK NIFTY Prediction Bank Nifty…
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