Nifty Outlook For - 30 December 2024

Sachin Gupta Sachin Gupta

Last Updated: 27th December 2024 - 05:17 pm

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Nifty Prediction for - 30th December 2024

NIFTY held on to most of its gains and closed above the crucial 23800 level.  Healthcare and Autos led the pack, while Services, Capital Goods, and Metals lagged. DRREDDY, INDUSINDBK and M&M shone, countered by HINDALCO, COALINDIA and SBIN's weakness.   

A positive advance-decline ratio (1.3) suggests underlying bullishness. RSI continues to be supportive at 40. Near term support and resistance levels are 23518/23335 and 24109/24292.

“Another technically strong close for NIFTY”

nifty-chart

 

 

Bank Nifty Prediction for for - 30th December 2024

BANK NIFTY saw mixed fortunes today. INDUSINDBK and IDFCFIRSTB powered gains, but SBIN's 1.4% drop weighed heavily.  Nearly all the PSU banks fell, limiting the gains in the index. Near term support and resistance levels are 50103/50565 and 52058/52519.

bank nifty chart

 

 

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

  NIFTY  SENSEX BANKNIFTY FINNIFTY
Support 1 23518 77677 50565 23457
Support 2 23335 77045 50103 23252
Resistance 1 24109 79721 52058 24119
Resistance 2 24292 80353 52519 24324

 

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