Nifty Prediction For Today - 02 January 2025

Sachin Gupta Sachin Gupta

Last Updated: 2nd January 2025 - 11:01 am

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Nifty Prediction for Today - 2nd January 2025

NIFTY saw a positive day, driven by strong performance in Construction and Auto sectors.  MARUTI, M&M, and LT led the winners, while HINDALCO, DRREDDY, and ADANIPORTS lagged.  A healthy advance-decline ratio of 2.5 reflects broad-based gains.  

 

Corporate Earnings remain the key to any breakouts as the market has shown strong signs of being rangebound within 23500-23750 levels. Near term support and resistance levels are 23429/23234 and 24057/24251.

“Gains Lost Ground. Good start to the year.”

nifty-chart

 

 

Bank Nifty Prediction for Today -  2nd January

BANK NIFTY saw a good session, with strong performances across constituents. AUBANK and IDFCFIRSTB led gainers (+1.7%). PNB and SBIN closed flat. Near-term support and resistance levels are 49818/50293 and 51829/52304.

bank nifty chart

 

Intraday levels  for Nifty, Bank Nifty Levels and  FINNIFTY Levels:

  NIFTY  SENSEX BANKNIFTY FINNIFTY
Support 1 23429 77728 50293 23251
Support 2 23234 77245 49818 23024
Resistance 1 24057 79287 51829 23988
Resistance 2 24251 79769 52304 24216

 

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