Nifty Prediction Today 01 December 2021

Nifty Prediction Today 01 December 2021

Nifty Prediction Today 01 December 2021

Nifty Prediction 01 December 2021 – On Tuesday, Nifty Cash opened a flat at 17,051.15, then huge buying make a High of 17,324.65. After that bearish move dragged down the Nifty Cash to Low at 16,931.40 and Finally Close at 16,983.20 about -70.75 points Negative DOWN.

Nifty Prediction Today 01 December 2021

Nifty Technical Analysis: Technically, Nifty cash continues in Bearish Trend Until Nifty Cash does not cross 17340 Level.

> In Chart, Resistance will be at 17215, 17340, and Next Support will be at 16790, 16700 and 16395. Buy only above 17340.

> In Chart, Yesterday, Super Trend is moving in Positive trigger and RSI again fall below 40 Marks after touching 50 marks, so both indicators indicate the Non-trending. Now Super Trend Line is at 16915, which acts as Support. Any Hourly candle close below 16915, will trigger Negative.

> Structure LH-LL is still showing bearish, New LH at 17325, so Nifty Cash moves above 17325 will change the Trends.

Nifty Support and Resistance

Close :  16,983.20

Pivot Point Level: 17080

SupportResistance
S1 – 16,955R1 – 17,155
S2 – 16,835R2 – 17,225
S3 – 16,760R3 – 17,350
S4 – 16,685R4 – 17,470
Nifty Support and Resistance

Read Also Here > Yes bank share price target 2022

Bank Nifty prediction today 01 December  2021

Bank Nifty Prediction Today 01 December 2021 – On Tuesday, Bank Nifty, also opened a flat at 35,958.80, then huge buying make a High of 36,774.20. After that, started went down and dragged the Bank Nifty Cash to Low at 35,526.35 and Finally Close at 35,695.30 about -281 points Negative DOWN.

Bank Nifty Prediction Today 01 December 2021
Bank Nifty Support and Resistance

Bank Nifty Technical Analysis: Technically, Bank Nifty continues to move in the Bearish trend. Will continue in Bearish, till Bank Nifty Cash does not cross 36760 Level.

> Resistance will be 36175, 36760 and 37490. Support will be at 35320, 34840, 34155. Buy only if Bank Nifty cash crosses 36760 Levels.

> In Chart, Bank Nifty cash, Super Trend still moving in Negative trigger and RSI also dropped below 40 Marks after touching 50 marks, both indicators indicating still bearish trend. Super Trend Line is now located at 35525, which acts as Resistance.

> Bank Nifty Cash continues bearish with LH-LL structure. New LH, 36775 level, only break above 36775 will change the Trend.

Bank Nifty Support and Resistance

Close :  35,695.30

Pivot Point Level: 35,995

SupportResistance
S1 – 35,610R1 – 36,235
S2 – 35,220R2 – 36,470
S3 – 34,985R3 – 36,850
S4 – 34,750R4 – 37,240
Bank Nifty Support and Resistance

FIIs and DIIs Data

Figures of the Cash market

DateGross PurchaseGross SalesNet Purchase/Sales Net Purchase/Sales Gross Sales Gross Purchase
FIIs Net in Crores DIIs Net in Crores
30
Nov 2021
42,957.148,402.4-5,445.25,350.25,849.111,199.3
Last 30 Days204,204244,105.8-39,901.830,560.3105,489.3136,049.6
FIIs and DIIs Data

Stock News

On Tuesday: India VIX strongly went UP by 1.62 % at 21.1675 (Previous was at 20.8300)

> Securities in F&O Ban for trade Wednesday, 01st Dec 2021:  IBULHSGFIN

Disclaimer

लेखक की कमेंट्स पूरी तरह से बाजार सहभागियों / ट्रेडर्स / इन्वेस्टर्स को शिक्षित करने के उद्देश्य से की जाती हैं । और उन्हें अभिनय करके अधिकतम लाभ प्राप्त करने में सक्षम बनाती हैं। हालांकि इन टिप्पणियों को तैयार करने में उचित सावधानी बरती गई है, लेकिन इन कमेंट्स पर ट्रेडिंग और इन्वेस्मेंट्स करने के परिणामस्वरूप आने वाले कोई भी परिणामों के लिए लेखक की कोई जिम्मेदारी नहीं मानी जाएगी।

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