4th July 2024 | Nifty New High With Volatile Possible in Option
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NIFTY Prediction
Nifty performed as we anticipated, but the Dragonfly Doji candlestick pattern at all-time highs suggests a slight pause or consolidation may occur. Resistance is noted between 24,500 to 24,310, while support is seen at levels ranging from 24,000 to 24,230.
BANK NIFTY Prediction
Bank Nifty index showed strong momentum and closed above the 53000 mark. The next support level is around 52,500 to 52,200 and the resistance level is around 53,200 to 53,000.
Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout
| Sr. | Stock Name | Symbol | Links | % Chg | Price | Volume |
|---|---|---|---|---|---|---|
| 1 | Power Finance Corporation Limited | PFC | P&F | F.A | 5.65% | 531.05 | 33,571,765 |
| 2 | Bharat Heavy Electricals Limited | BHEL | P&F | F.A | 4.76% | 311.3 | 37,577,666 |
| 3 | Bandhan Bank Ltd | BANDHANBNK | P&F | F.A | 4.4% | 211.13 | 23,960,719 |
| 4 | Rbl Bank Limited | RBLBANK | P&F | F.A | 4.38% | 269.55 | 10,167,369 |
| 5 | Rural Electrification Corporation Limited | RECLTD | P&F | F.A | 4.28% | 562.3 | 25,695,583 |
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