24th May 2024 | Tgt is 23250 | Low Movement Expected | Avoid Index

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NIFTY Prediction

Nifty experienced a highly favorable session, climbing over 1.5 percent to reclaim its record high. After a flat opening, it steadily advanced throughout the day, nearing the significant 23,000 mark due to substantial buying in key heavyweight stocks. Upside resistance is seen in the 22,950-23,000 range, while the support zone is identified between 22,800 and 22,600.

BANK NIFTY Prediction

Bank Nifty opened today’s session with a gap-up at 47,899, compared to the previous close of 47,782. The index surged after the opening and is currently trading around 48,340, marking a 1.2 percent increase. Having surpassed a critical level, the likelihood of a continued rally is high. The upside resistance zone is between 48,300 and 49,000, while the downside support lies between 48,000 and 47,300.

Breakout Stock for Today (Future, Option & Swing Trading)

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