Nifty Prediction

Nifty Prediction for 20 September 2024

Nifty Prediction for 20 September 2024.

Nifty initially rose after the US Fed's 50bps rate cut but fell throughout the day, ending with a minor gain below 25,500. Nifty Midcap and Smallcap underperformed. Technical indicators show multiple bearish signals, suggesting potential corrections ahead. Market expectations for September 20, 2024, are neutral, with possible gains led by IT stocks as the US and other global market is trading higher.

Nifty Prediction for 19 september 2024, with chart Analysis.

Nifty Prediction for Thursday, 19 September 2024. Weekly Expiry

Nifty closed slightly lower at 25,377.55 after reaching a new high, following the US FED's interest rate cut. The market exhibits a Rising Wedge Pattern, indicating potential bearish trends despite a possible rally. Optimism remains for Nifty to exceed 25,500 soon - fueled by the US Fed Interest Rate cut. For Retail Traders tomorrow's market will be full of surprises, and Nifty is likely to witness its higher Volatile day of September.

Nifty Prediction for Monday, 16 September 2024

Nifty Prediction for Monday, 16 September 2024.

Nifty traded flat in the red zone with a minor loss last Friday, despite a sharp breakout earlier in the week. Unexpectedly, the market rallied, overshadowing previous bearish indicators. With a positive market outlook, Nifty is expected to consolidate near the 25,500 resistance level. FIIs' bullish activity and a US Fed meeting suggest a potential rally, but a correction may occur pending interest rate announcements.

10 September 2024 Nifty Prediction with chart Analysis

Nifty Prediction for 10 September 2024. Nifty near 25,000 level

Nifty opened lower but recovered, led by FMCG and Banking stocks, after a global selloff due to weak US Jobs data. Market view is neutral with resistance at 25,000; recovery is anticipated as a pullback for now. Also the Nifty futures rose moderately, indicating a positive short-term market sign. Support levels for Nifty on September 10, 2024, are at 24,800, 24,600, and 24,500, while resistance levels are at 25,000, 25,200, and 25,300.

9th September 2024 Nifty Prediction

Nifty Prediction for Monday – 09 September 2024. A Bear Fear in Nifty

The Indian market fell sharply on Friday due to weak US August Jobs data, which fell short of market expectations. The Nifty continued to fall, breaking below the crucial support level of 25,000. Public sector stocks and indices, including Nifty Oil and Gas, declined. Global markets, influenced by the US, traded lower. FIIs were the net sellers, signaling a bearish future. Nifty is expected to open flat around the 24,800 level on September 9, with key support levels at 24,800, 24,600, and 24,500.

Nifty Prediction for 3rd September 2024, with technical Analysis.

Nifty Prediction for 3rd September 2024.

Nifty opened higher but consolidated below 25,300, led by FMCG sector. Nifty Metal and CPSE Index declined. Fear among investors rose as market rose for the 5th Straight session, with a potential short-term correction indicated. Market is likely to consolidate before US Fed's monetary policy change with resistance at the 25,500 level and the support at the 25,200 and 25,000 levels.