19th Sep 2024 | Nifty Volatile | Bank Nifty Sustain Possible

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NIFTY Prediction

Nifty index hit a new high before the Federal Reserve’s announcement, but profit-taking led to a close about 130 points lower than the day’s peak. Immediate support is at 25,300. Critical support levels are maintained between 25,000-24,900, while resistance is seen in the 25,500 and 25,700 range.

BANK NIFTY Prediction

Banknifty is showing a positive trend at the moment. Even though the market closed lower, the Bank Nifty stayed strong and formed a green candle. Resistance is located between 53,000 and 53,200, while support is found in the 52,200 to 52,000 range.

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