Nifty, Bank-Nifty Prediction Forcast
Stock Market Data- Our goal is to provide the Nifty and Bank Nifty support and resistance level and trade data of FII and DII on daily basis at one place. Please have a look and set your goal for tomorrow.
Today both Nifty and Bank Nifty opened flat and formed a Green candle.
If we talk about Nifty, It closed above the all-(9,20,50,100,200)ema but it couldn’t break the previous candle’s high. If we talk about the candlle formed in 1-day chart, we can see mementum is bullish here but be cautious bcoz it didn’t break the previous candle high. If it break the high of its previous candle tomorrow, then movement would be green i.e bullish.
Same candle is formed in Bank Nifty, it also could not break the previous candle’s but formed a bullish hammer so momentum is bullish here also. Bank Nifty it’s trading above the 200-ema which could be a good sign for investment,
Based on the data, market may open gap-up and chance of closing up is high. Do your research and take your own decision.
| Nifty on 22 March 2022 | Key Note | Strength |
|---|---|---|
| Crucial Support for 23 March | ||
| 1st Support | 17250 | Strong |
| 2nd Support | 17180 | Strong |
| 3rd Support | 17100 | Very Strong |
| Crucial Resistance 23 March | ||
| 1st Resistance | 17350 | Weak |
| 2nd Resistance | 17430 | Strong |
| 3rd Resistance | 17490 | Very Strong |
| Bank Nifty 22 March 2022 | Key Note | Strength |
|---|---|---|
| Crucial Support for 23 March | ||
| 1st Support | 35950 | Weak |
| 2nd Support | 35700 | Strong |
| 3rd Support | 35350 | Very Strong |
| Crucial Resistance 23 March | ||
| 1st Resistance | 36650 | Strong |
| 2nd Resistance | 36860 | Strong |
| 3rd Resistance | 37200 | Very Strong |
| PCR Weekly Expiry 22 March 2022 | Ratio |
|---|---|
| Script | |
| Nifty | 0.76 |
| Bank Nifty | 0.80 |
| Sentiment- Bullish |
| PCR Monthly Expiry – 22 March 2022 | Ratio |
|---|---|
| Script | |
| Nifty | 1.33 |
| Bank Nifty | 0.97 |
| Sentiment- Neutral |
| FII DII Position – 22 March 2022 | Buying/Selling |
|---|---|
| Cash | Net Value(Cr) |
| DII | -602.05 |
| FII | +384.48 |
| Future | Net Value(Cr) |
| FII | +901.09 |
| Options | Net Value(Cr) |
| FII | +1,116.96 |
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