06th Nov 2024 | USA Election Trump Leading | NON USA IT Companies are Panic

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NIFTY Prediction

Nifty is currently in a downtrend. If you’re holding short positions, it’s advisable to maintain them with a daily closing stop-loss at 24,331. After an intraday dip, the market found support around 23,850 and rebounded. While most sectoral indices saw a strong recovery, the Metal index led the charge with a rally of over 1.35%. On the upside, resistance is seen between 24,300 and 25,000, while support on the downside lies between 23,900 and 23,400.

BANK NIFTY Prediction

Bank Nifty is currently in an uptrend. If you’re holding long positions, you should continue with a daily closing stop-loss at 50,780. Resistance on the upside is at 52,400-53,000, while support on the downside is at 50,800-50,400.

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

 

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