27th May 2024 | Tgt is 23250 | Bank Nifty Expect Big Target

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NIFTY Prediction

Nifty started the day flat and then traded quietly after Thursday’s surge, ultimately ending nearly unchanged. Throughout the session, it oscillated within a narrow range but briefly reached the new milestone of 23,000. The upside resistance zone is between 23,200-23,500, while the downside zone lies at 23,000-22,500.

BANK NIFTY Prediction

Bank Nifty commenced today’s session with a flat opening at 48,839 and has since maintained this level. The resistance is identified at 49,000-49,500, with support expected at 48,700-48,000. The direction of the next trend in Bank Nifty will be determined by its movement out of this price band. A breakout above 49,000 could initiate a rapid rally towards 49,500, followed by resistance at 50,000. Conversely, breaching the support at 48,700 may lead to a downward movement, finding additional support at 48,000.

Breakout Stock for [current_date format='d, F, Y'] (Future, Option & Swing Trading) with Last Day Breakout

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