Nifty Prediction For - 06 January 2025
Nifty Prediction For Today - 02 January 2025
Last Updated: 2nd January 2025 - 11:01 am
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.”
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.
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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