NIFTY Prediction Nifty started with a gap down and continued to decline, ultimately closing with a significant loss of approximately 242 points. It is currently retracing the recent increase from 22710 to 22776. From a short-term perspective, the new gap range established today between 22450 and 22550 will serve as an immediate obstacle. On the…
READ MORENIFTY Prediction Nifty began with a gap down and continued to decline after some initial fluctuations, closing near its daily lows with a loss of 234 points. The index is currently retracing its recent gains from 22710 to 22776 and is consolidating at these levels. Looking forward, crucial support is found between 22400 and 22200,…
READ MORENIFTY Prediction Nifty moved sideways as investors waited for US inflation data, which might affect Fed rate decisions. Resistance is at 22,750-22,800, with support at 22,700-22,650. A clear move past 22,750 could lead to a rally to 23,000. In this range-bound market, buying low and selling high with stop-losses could be a smart approach. BANK…
READ MORENIFTY Prediction Nifty stayed strong all day, keeping above 22,500 and even beating its highest record of 22,619. It might move within a set range now. The lower support is between 22,500 and 22,400, and the upper resistance between 22,800 and 23,000. BANK NIFTY Prediction Bank Nifty just reached its highest point in three months…
READ MORENIFTY Prediction Nifty started the day on a low note and remained steady throughout. This phase of steadiness follows a significant surge, indicating a positive consolidation phase. It is anticipated that this consolidation will lead to an upward breakout, suggesting that small corrections present buying opportunities. The expected upper limit in this rising trend is…
READ MORENIFTY Prediction Closing below the 21,850 level, Nifty broke its daily trendline and formed a bearish candlestick, signalling potential downward movement. Immediate support is anticipated between 21,800 and 21,000, while the 22,000 level poses an immediate resistance. BANK NIFTY Prediction BankNifty traded sideways again today, showing uncertainty between buyers and sellers, as indicated by the…
READ MORENIFTY Prediction Despite a weak opening, the Nifty rebounded, closing with a 32-point gain. It maintained support around 22,000 and 21,500, trading within the range of 21,900 to 22,200 for the last three sessions. Until the support holds, positive momentum is expected, with immediate resistance at 22,500 to 23,000 and crucial support at 22,000 to…
READ MORENIFTY Prediction Starting the day on a weak footing, Nifty experienced significant price fluctuations. While the first half showed a decline, a rebound later in the day helped Nifty recover from its intraday lows, albeit still closing with a negative trend, down by approximately -123 points. Examining the daily charts, itβs evident that Nifty managed…
READ MORENIFTY Prediction The market sentiment remains negative as the Index stayed in the lower half of the previous sessionβs candle on the daily chart. However, by the end of the session, bulls managed to push the Nifty back into the rising channel, indicating a possible shift to a bullish trend. Looking ahead, the Nifty might…
READ MORENIFTY Prediction Today, The Nifty has broken below an upward channel on its daily chart, indicating the end of the recent upward trend and a possible start of a downward trend. It has also fallen below the recent consolidation phase on the daily timeframe. This suggests that the index could face more selling pressure, with…
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