Nifty Outlook For - 30 December 2024
Nifty Outlook For Today - 27 December 2024
Last Updated: 27th December 2024 - 12:05 pm
Nifty Prediction for Today - 27th December 2024
NIFTY closed marginally up. ADANIPORTS was the top performer surging 5.2%. Consumer Durables was the worst performing sector (-0.9%) with TITAN and ASIANPAINT falling 1% each. Overall, a mildly bullish day with a healthy ADR of 1.4.
Technically, the most notable event was a close above 23750. NIFTY has been consolidating around these levels. After the recent sharp fall, RSI continues to be supportive at sub-40 levels. Near term support and resistance levels are 23454/23271 and 24046/24229.
“Closes above a technically strong support level”
Bank Nifty Prediction for Today - 27th December 2024
Bank Nifty closed weak after a relatively strong open. PSU Banks did well. CANBK AND BANKBARODA were up 1% and 0.8% respectively. Most banks traded sideways, indicating a lack of strong directional momentum. AUBANK's 1.4% drop weighed on the index. Overall, a lackluster performance. Near term support and resistance levels are 50403/49929 and 51938/52413.
Intraday levels for Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY | SENSEX | BANKNIFTY | FINNIFTY | |
Support 1 | 23454 | 77450 | 50403 | 23412 |
Support 2 | 23271 | 76818 | 49929 | 23207 |
Resistance 1 | 24046 | 79494 | 51938 | 24075 |
Resistance 2 | 24229 | 80127 | 52413 | 24280 |
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