Market Prediction

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.