07th August 2024 | Nifty Expect in Green Finishing

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NIFTY Prediction

The index opened with a green candle, showing early gains, but ended up forming a red candle as it gradually lost those gains. Resistance on the upside is at 24,400-24,720, while support on the downside is at 24,060-23,890.

BANK NIFTY Prediction

The Bank Nifty fell and ended at 49,770, forming an M-shaped candlestick pattern and closing in red. The resistance levels are at 51,000-51,500, and the support levels are at 49,670–49,000.

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