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 huge gap down and Nifty formed a Green candle with recovery. But Bank Nifty formed a red bearish candle.
If we talk about Nifty, It closed above the all-(9,20,50,100,200)ema with a sharp recovery. If we talk about the candlle formed in 1-day chart, we can see momentum is bullish here. If it break the high of its previous candle tomorrow, then movement would be green i.e bullish.
Bank Nifty opened below the 200-ema and formed a red candle but now trading near support. If it open gap down tomorrow, chances of going would be high.
Based on the data, Nifty may open gap-up and chance of closing up is high. Bank Nifty is looking weak this week. We may see a flat/gap-up opening with a sharp recovery tomorrow in Bank Nifty. Do your research and take your own decision.
| Nifty on 24 March 2022 | Key Note | Strength |
|---|---|---|
| Crucial Support for 25 March | ||
| 1st Support | 17150 | Strong |
| 2nd Support | 17100 | Strong |
| 3rd Support | 17000 | Very Strong |
| Crucial Resistance 25 March | ||
| 1st Resistance | 17280 | Weak |
| 2nd Resistance | 17350 | Strong |
| 3rd Resistance | 17430 | Very Strong |
| Bank Nifty 24 March 2022 | Key Note | Strength |
|---|---|---|
| Crucial Support for 24 March | ||
| 1st Support | 35430 | Weak |
| 2nd Support | 35350 | Strong |
| 3rd Support | 34760 | Very Strong |
| Crucial Resistance 24 March | ||
| 1st Resistance | 35750 | Strong |
| 2nd Resistance | 35950 | Strong |
| 3rd Resistance | 36130 | Very Strong |
| PCR Weekly Expiry 24 March 2022 | Ratio |
|---|---|
| Script | |
| Nifty | 0.93 |
| Bank Nifty | 0.65 |
| Sentiment- Bullish |
| PCR Monthly Expiry – 24 March 2022 | Ratio |
|---|---|
| Script | |
| Nifty | 0.93 |
| Bank Nifty | 0.65 |
| Sentiment- Bullish |
| FII DII Position – 24 March 2022 | Buying/Selling |
|---|---|
| Cash | Net Value(Cr) |
| DII | +2,091.07 |
| FII | -1,740.71 |
| Future | Net Value(Cr) |
| FII | -858.87 |
| Options | Net Value(Cr) |
| FII | +5,853.24 |
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