Nifty Prediction

Nifty Prediction for 26 December 2024

Nifty Prediction for 26 December 2024

Nifty opened flat but fell throughout the day, closing at 23,727.65, down 0.11%. Key indices had minor fluctuations, with Nifty Metal declining by 0.83%. A doji candlestick signals market indecision, indicating potential further falls towards 23,600. Expect volatility due to the weekly expiry on December 26. Trade cautiously and wait for clear signals.

Nifty Prediction for 24 December 2024

Nifty Prediction for 24 December 2024

Nifty started the week positively after a 5% drop, closing at 23,753.45, up 0.70%. Top gainers included Realty, Bank, and FMCG sectors. A Spinning Bottom candlestick suggests a potential trend reversal, with support at 23,500 and resistance at 23,850. The market trend appears bullish, indicating optimism among participants.

Nifty Prediction for 23 December 2024

Nifty Prediction for 23 December 2024

The market experienced a decline, with Nifty dropping over 1.5% to close at 23,587.50 amid bearish global trends. Technical indicators show strong negative sentiment with key support at 23,500. A slight short-term pullback is expected, yet further falls towards 23,400 and 23,200 are likely if resistance at 23,700 is encountered.

Nifty Prediction for 19 December 2024

Nifty Prediction for 19 December 2024

Nifty opened flat but fell to a low of 24,149, closing down 0.56% at 24,198.85. This marks the third consecutive day in red, facing resistance at the 100DEMA. With a US Fed interest rate cut expected, Nifty may rise towards 24,500 on 19 December 2024, despite potential volatility due to weekly expiry.

Nifty Prediction for 18 December 2024

Nifty Prediction for 18 December 2024

Ahead of the US Fed Interest Rate decision, the Indian market saw Nifty drop nearly 2%, closing at 24,324.20. A bearish trend was noted as it fell below the 100DEMA, indicating strong selling pressure. Support levels have shifted to 24,200 and resistance to 24,400, with expectations of continued bearish trading.

Nifty Prediction for 16 December 2024

Nifty Prediction for 16 December 2024

Nifty experienced a rebound after initially falling below 24,200, ultimately closing at 24,768.30, a 0.89% increase. The formation of a Bullish Engulfing candlestick suggests a continuation of the bullish trend. Predictions indicate a potential rise to 25,000 on 16 December 2024, supported by higher high and higher low pattern.

Nifty Prediction for 12 December 2024

Nifty Prediction for 12 December 2024

Nifty opened flat but closed with a minor gain of 31.75 points, forming a doji candlestick within a Rising Wedge Pattern. While short-term patterns indicate indecision, support is at 24,600 and resistance at 24,800. Nifty is expected to trade in the direction of the breakout of the symmetrical triangle pattern.

Nifty Prediction for 11 December 2024

Nifty Prediction for 11 December 2024

Nifty opened positively but dropped towards 24,500, eventually closing at 24,610, marking a slight loss of 8.95 points. The market showed volatility, with the energy sector declining and realty gaining. Technical indicators suggest a potential bullish trend for 11 December 2024, anticipating movement towards 24,700 and 24,800 levels.

Nifty Prediction for 9 December 2024

Nifty50 closed nearly flat at 24,667.10, losing 0.17% as the RBI maintained the repo rate at 6.5%. Slow GDP growth forecasts and rising inflation added pressure. Despite market indecisiveness, bullish technical indicators suggest a potential rise towards 25,000 level on 9 December 2024 amidst a positive market sentiment.

Nifty Prediction for 6 December 2024

Nifty Prediction for 6 December 2024

On a volatile day, the Nifty closed 0.98% higher at 24,708.40 despite early losses. Technical indicators suggest a bullish trend, with key supports at 24,650 and resistance at 24,800. For December 6, 2024, Nifty is expected to advance towards 25,000, supported by positive signals and potential market recovery.

Nifty Prediction for 5 December 2024

Nifty Prediction for 5 December 2024.

Nifty experienced a volatile trading day, ending flat with a slight gain of 10.40 points. The index failed to stabilize above 24,500, closing at 24,467. With strong bullish indicators pointing to a potential upward trend, a significant market movement is anticipated for December 5, 2024, despite the uncertainty.

Nifty Prediction for 4 December 2024

Nifty Prediction for 4 December 2024

Today Nifty closed at 24,457, gaining 181.10 points. The market, driven by banking and metal stocks, rose above the resistance level of 24,350, indicating bullish trends ahead. High volatility is expected as Nifty aims for 24,500, with key support at 24,400. Overall, a positive outlook persists for trading.

Nifty Prediction for 3rd December 2024

Nifty Prediction for 3rd December 2024

Nifty showed a bullish trend by closing above 24,250, rising 144.95 points despite facing resistance at the 100DEMA level. Nifty takes supports at 15DEMA today, which indicates potential further gains in the short term if it surpasses 24,300 level. Key support levels are at 24,200, 24,000, and 23,800, with resistance at 24,500 and 24,700.

Nifty Prediction for 27 November 2024

Nifty Prediction for 27 November 2024

FIIs have shifted to a bullish stance, purchasing nearly Rs.10,000 crore in Indian shares. Despite this, Nifty closed down by 34 points, facing resistance at 24,350 and testing support around 24,100. Technical indicators suggest potential upward movement, but breaking 24,150 may lead to further declines. Key trading levels range from 24,000 to 24,500.