NIFTY Prediction Nifty maintains its position above the breakout from an inverse head-and-shoulders pattern, reflecting strong market momentum. Resistance is anticipated between 25,000 and 25,200, with support identified in the 24,000 to 24,500 range. BANK NIFTY Prediction Bank Nifty recorded gains for the sixth straight session on December 5, with the Nifty closing at 24,700….
READ MORENIFTY Prediction Nifty December series began positively, with the markets gaining nearly 1%. The Nifty surged early in the day, closing at 24,131 after trading within a range. On the daily chart, Nifty has bounced back above the 21-day exponential moving average (DEMA) and formed a green candle, signaling strength. Resistance is expected between 24,300…
READ MORENIFTY Prediction Nifty opened on a bullish note, saw strong buying interest throughout the session, and closed higher at around 23,907 levels. The market posted a solid recovery this week, climbing over 2% after a recent decline. The volatility index, India Vix, rose by 0.67% to 16.10, signaling an increase in market volatility. Resistance is…
READ MORENIFTY Prediction Nifty started the day flat and remained range-bound throughout, ending 26 points lower. The index is currently testing a key support level. Resistance is seen between 23,600-23,900, while support lies at 23,500-23,000 on the downside.” BANK NIFTY Prediction Bank Nifty is currently trending lower. If you’re holding short positions, you can maintain them…
READ MORENIFTY Prediction Nifty daily chart, the index has formed a Bearish Engulfing pattern, signaling strong control by the bears. The immediate support is seen at 23,820-23,600. On the upside, there are multiple resistance levels, with the first at 24,200-24,000, where the index is likely to face selling pressure. BANK NIFTY Prediction Bank Nifty remained under pressure,…
READ MORENIFTY Prediction Nifty benchmark indices experienced volatile movements. Among the sectors, the IT index was the top performer, rising more than 3.78%, while the realty index dropped by over 4%. Throughout the week, after a sharp correction, the market found support around 23,850-24,100, with resistance levels between 24,500 and 24,750. BANK NIFTY Prediction Bank Nifty…
READ MORENIFTY Prediction Nifty is currently in a downtrend. If you’re holding short positions, it’s advisable to maintain them with a daily closing stop-loss at 24,331. After an intraday dip, the market found support around 23,850 and rebounded. While most sectoral indices saw a strong recovery, the Metal index led the charge with a rally of…
READ MORENIFTY Prediction Nifty is currently experiencing a downward trend. If you have short positions, it’s advisable to maintain them with a daily closing stop-loss set at 24,529. The markets faced pressure on the monthly expiry day, falling nearly half a percent. Resistance levels are at 24,250 and 24,500, while support levels are at 24,200 and…
READ MORENIFTY 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…
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