16th July 2024 | Nifty Tgt 24750 Buy on Dip | Bank Nifty Volatile

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NIFTY Prediction

Nifty maintained its upward momentum for the second consecutive session on Monday, with the Nifty closing with a solid gain of 84 points. Starting the day on a positive note, the market gradually rose through the early to mid-session. Consolidation occurred at new highs during the mid to later part of the session, and the Nifty ultimately closed near its peak. A new all-time high of 24,635 was recorded. The support level is between 24,500-24,200, while the resistance level is between 24,600-24,900.

BANK NIFTY Prediction

Bank Nifty is currently trending downwards. If you have short positions, it is advisable to maintain them with a daily closing stop loss set at 52,757. The resistance level ranges between 52,800 and 53,000, while the support level is between 52,000 and 51,200.

Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout



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