08th August 2024 | Nifty Expect volatile | Bank Nifty weak

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NIFTY Prediction

Nifty 50 formed a green candle, but the long-legged DOJI pattern suggests that there is still uncertainty. Resistance on the upside is at 24,400-24,800, while support on the downside is at 24,300-24,000.

BANK NIFTY Prediction

Bank Nifty saw a late surge, allowing it to close significantly higher than its intraday lows forming a green candlestick. The resistance levels are at 51,200-51,600, and the support levels are at 50,000 –49,100.

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

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