NIFTY Prediction Nifty started the day flat but gained momentum as trading progressed, ending with a rise of 176 points. Over the past four sessions, Nifty has shown a sharp upward trend, surging approximately 700 points. The IT Index played a significant role today in pushing Nifty above the 24,000 mark. Resistance is noted between…
READ MORENIFTY Prediction Nifty started the day with little movement but gained momentum as the day went on, closing with an increase of approximately 147 points. After breaking out of its consolidation range, Nifty has continued to attract buying interest. We anticipate that Nifty is likely to aim for the 24,150 level in the short term….
READ MORENIFTY Prediction Nifty experienced a significant upward movement, closing 183 points higher for the day. The index opened positively, with its upward momentum intensifying in the afternoon and continuing into the later part of the day. Nifty reached new highs of 23,754 and closed near these levels. Resistance is now seen at 24,000-24,500, while support…
READ MORENIFTY Prediction Nifty opened with a gap down but managed to recover throughout the day, closing 37 points higher. Over the past ten trading sessions, Nifty has largely oscillated between 23,200 and 23,700. Dips towards the lower end of this range present a buying opportunity, with a trailing stop-loss set at 23,200. Resistance is found…
READ MORENIFTY Prediction Nifty has been fluctuating between 23,300 and 23,600, showing market indecision and suggesting a highly volatile monthly expiry. A clear breakout above 23,600 could push the index towards 24,000 in the near term, while failing to stay above 23,300 might cause market panic. If Nifty drops below 23,300, it may decline to 22,750…
READ MORENIFTY Prediction After displaying minor weakness following Wednesday’s new highs, the Nifty rebounded on Thursday with range-bound action, closing the day up by 51 points. Opening on a positive note, the Nifty experienced minor fluctuations shortly after. It then gradually gained momentum within a narrow range. The near-term uptrend with range-bound movement persisted, and we…
READ MORENIFTY Prediction NIFTY (23,516) NIFTY is currently in Positive trend. If you are holding long positions then continue to hold with daily closing stoploss of 23223. Fresh short position can be initiated if NIFTY closes below 23223 levels. NIFTY Support 23,398 – 23,280 – 23,147 NIFTY Resistance 23,649 – 23,782 – 23,900 BANK NIFTY Prediction BANKNIFTY (51,398) Banknifty is…
READ MORENIFTY Prediction Nifty 50 formed a small negative candle at the highs on the daily chart with minor lower shadow. Nifty 50 saw a gradual upside momentum with range bound action on June 18 and closed the day higher by 92 points. “Following a strong start, the Nifty remained within a range as the index…
READ MORENIFTY Prediction Nifty continued its consolidation streak for the fifth consecutive day, closing approximately 67 points higher. Analysis of the daily charts shows that the Nifty has been consolidating within a wide range of 23,200 to 23,500. Extended consolidation around this range suggests an increasing probability of a breakout in the upcoming week. With five…
READ MORENIFTY Prediction On the day of monthly expiry, the Nifty faced ups and downs before finally ending unchanged. Currently, there seems to be a somewhat negative sentiment prevailing. Positioned at the lower end, there is crucial support at 21900; if the index holds above this level, there is a chance of seeing a recovery. However,…
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