Nifty Outlook For - 26 December 2024
Market Outlook for 25 September 2024
Last Updated: 25th September 2024 - 12:10 pm
Nifty Prediction for Today - 25 September
Nifty traded within a range in Tuesday’s session, but it registered a new record high of 26000 for the first time ever. The index then ended the day at 25940 on a flat note.
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Tuesday’s session was a range bound session for the index, with stock specific moves seen on both sides. The immediate trend for the index remains positive as the index has not breached any support. Thus, traders should continue to trade with the trend and look for buying opportunities.
The immediate support for Nifty is placed around 25850 followed by 25700. On the higher side, the retracement of previous correction indicates resistance around 26050 followed by 26270. One can look for profit booking on trading longs if the approaches the resistance zone of 26250-26300.
Nifty registers new record of 26000
Bank Nifty Prediction Today- 25 September
The Nifty Bank index witnessed some cool-off from the intraday highs, but there are no signs of reversal as of now. The hourly setups are in overbought zone post the recent run up which could cool-off with some time correction. One can look to trade with a stock specific bias within the banking and financial stocks from a near term perspective.
The support for Bank Nifty is placed around 53800 followed by 53380 while short term resistance is seen in the range of 54350-54500.
Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY Levels | SENSEX Levels | BANKNIFTY Levels | FINNIFTY Levels | |
Support 1 | 25820 | 84480 | 53700 | 24750 |
Support 2 | 25750 | 84250 | 53500 | 24620 |
Resistance 1 | 26070 | 85380 | 54380 | 25110 |
Resistance 2 | 26130 | 85600 | 54520 | 25190 |
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