02nd May 2024 | Nifty may look for sell side of 22,500-22,400

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NIFTY Prediction

Selling pressure was observed in the Nifty as it faced resistance. In the upcoming days, the primary index trend could move sideways unless it surpasses the record high of 22,783. Immediate support lies around 22,500-22,400, below which the index may see further decline. Resistance on the upside is anticipated at 22,800-22,900.

BANK NIFTY Prediction

Bank Nifty ended the day at 49424.05, slightly lower than its previous close. Throughout the day, it fluctuated between an intraday low of 49249.9 and a high of 49974.75, with the latest trading price at 49396.75. Today, Bank Nifty traded within the range of 49249.9 to 49974.75. Resistance levels are identified at 49500-50000, while support levels are positioned at 49400-49300.

Stock Prediction

STOCK Good Above Weak Below
LICHSGFIN
 
 676 669
MARICO 522 517
MCX
 
 4128
 
 4096
TATAMOTORS
 
 1016
 
 1001
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