Nifty Prediction For - 06 January 2025
Nifty Prediction For Today - 03 January 2025
Last Updated: 3rd January 2025 - 11:14 am
Nifty Prediction for Today - 3rd January 2025
NIFTY surged 1.9% today, driven by a stellar 4.6% jump in the Auto sector. EICHERMOT led the charge with an 8.6% gain, while BAJFINANCE, BAJAJFINSV and MARUTI also performed strongly. A near-perfect advance-decline ratio (48:2) reflects broad-based buying. Healthcare lagged, with SUNPHARMA down -0.6%.
2025 could not have got off to a better start. Two strong days took the NIFTY above 24000. After the strong run, RSI has inched up sharply. Some amount of caution is warranted now. Near term support and resistance levels are 23875/23680 and 24503/24697.
“A strong start to the year”
Bank Nifty Prediction for Today - 3rd January 2025
BANK NIFTY Index enjoyed a solid day, lifted by strong performances from PNB (up 2.9%), INDUSINDBK, FEDERALBNK and KOTAKBANK. Broadly positive sentiment prevailed, though Bank of Baroda remained flat. The index saw a healthy advance. Near term support and resistance levels are 50363/50838 and 52373/52849.
Intraday levels for Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY | SENSEX | BANKNIFTY | FINNIFTY | |
Support 1 | 23875 | 79360 | 50838 | 23638 |
Support 2 | 23680 | 78999 | 50363 | 23410 |
Resistance 1 | 24503 | 80527 | 52373 | 24375 |
Resistance 2 | 24697 | 80888 | 52849 | 24603 |
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