Market Prediction For Today - 10 March 2025

resr 5paisa Research Team

Last Updated: 10th March 2025 - 10:57 am

2 min read

Nifty Prediction for Today 10 March 2025

NIFTY closed flat at the end of a volatile session. A majority of sectoral indices were in the red. IT and Realty indices were among the key losers. Tariff war and worries over a US slowdown has been a headwind for IT stocks. News flow around a slowdown in housing sales continues to impact Realty stocks. RIL was the top performer as it continues to gain on expectations of a listing of its telecom unit and broker upgrades. Among other top gainers were auto majors TATAMOTORS and BAJAJAUTO. Some of these gains were offset by a bearish market breadth (30 declines).

Nifty Outlook-10 Mar 2025

After a sharp upmove over the past few days, NIFTY seems to have witnessed short term profit booking today. Such a consolidation is healthy if the uptrend resumes and the medium term declining trend line is breached. Near term support and resistance levels are 22138/22296 and 22809/22967.

"NIFTY holds ground on a choppy day"

Bank Nifty Prediction 10 Mar 2025

 

Bank Nifty Prediction for Today 10 March 2025

Bank Nifty closed mixed, dragged down by IndusInd Bank's (-3.6%) sharp fall.  KOTAKBANK (+0.5%) and AXISBANK (+0.4%) offered some support, but broader weakness prevailed. ADR was extremely bearish as only two of the banks were in the green. The index has been range bound at 48500 levels. Multiple indicators show a search for near term direction. RSI levels are close to 50. Even today’s candlestick pattern, with a long legged doji, suggests indecision. Similar to NIFTY, breaching the medium term trendline is a potential signal to monitor. Near term support and resistance levels are 47815/48076 and 48919/49180.

 

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

  NIFTY  SENSEX BANKNIFTY FINNIFTY
Support 1 22296 73458 48076 22981
Support 2 22138 72917 47815 22885
Resistance 1 22809 75207 48919 23292
Resistance 2 22967 75748 49180 23388
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