Nifty Prediction for Tomorrow 24 December 2021
> Resistance will be at 17130, 17205 and then 17310 and Support below will be at 16970, 16890 and 16820
> As stated, Nifty Cash, today at closing above the Moving Avg bands, which confirmed that trend now in Up-Trend. Now 16970 is crucial for Down Trend. Just watch the S-R Levels and Pivot point Levels for your references. For the Intraday, Buy signal above 17130 and Sell signal below 16970.
> MACD, today stay above Zero line, holds the Positive Trends. ( MACD, any close below 0 lines will change the Trend to Negative Side)
> Nifty Current Weekly (Expiry – 30 Dec 2021) Option PCR at: 0.97
> Nifty Option Weekly (Expiry – 30 Dec 2021) Max Pain at: 17050
Nifty Prediction for Tomorrow – 24 Dec 2021: Technically Overall, Nifty Cash has now turned to UP Trends. MACD moves above 0 Marks (MACD should maintain above ZERO to maintain Up Trends) and Any 15 Mnt Candle close below Moving Avg bands level 16970 will confirm to Down Trend.
Nifty Support and Resistance
Pivot Point Level: 17,070
|S1 – 17,020||R1 – 17,115|
|S2 – 16,985||R2 – 17,145|
|S3 – 16,960||R3 – 17,175|
|S4 – 16,920||R4 – 17,255|
Bank Nifty Prediction for Tomorrow 24 December 2021
> Resistance will be 35350, 35580 and then 35875 and Support now will be at 34855, 34280 and then 34100
> Today, Bank Nifty Cash just touched the Moving Avg bands and Fall down and Now it’s still below the Moving Avg bands. Just watch the S-R Levels and Pivot point Levels for your references. Intraday Levels, Buy signal above 35350 and Sell signal below 34855
> Bank nifty MACD today moved above 0 lines indicating of Up Trend. Any close below 0 lines will change the trend to Down.
> Bank Nifty Current Weekly (Expiry – 30 Dec 2021) Option PCR at: 0.76
> Bank Nifty Weekly Option (Expiry – 30 Dec 2021) Max pain at: 35500
Bank Nifty Prediction for Tomorrow – 24 Dec 2021: Technically Overall, Both analysis indicates that Bank Nifty Cash, still in a Neutral to Bearish sign. Any 15 Mnt Candle close above Moving Avg bands level 35530 will change to UP Trend side.
Bank Nifty Support and Resistance
Pivot Point Level: 35,240
|S1 – 34,995||R1 – 35,430|
|S2 – 34,805||R2 – 35,660|
|S3 – 34,375||R3 – 36,100|
|S4 – 33,945||R4 – 36,310|
FIIs and DIIs Data
Figures of the Cash market
|150,267.9Date||Gross Buy||Gross Sell||Net Buy/Sell||Net Buy/Sell||Gross Sell||Gross Buy|
|FIIs Net in Crores||DIIs Net in Crores|
|Last 30 Days||208,840.4||267,865.6||-59,025.1||45,845.7||111,577.5||157,423.1|
Share Market News Today
> On Thursday: India VIX went Down by -4.55% at 15.8250 (Previous was at 16.5800)
> Securities in F&O Ban for trade on Friday, 24th Dec 2021: ESCORT, IBULHSGFIN, IDEA and ZEEL
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