Nifty, Bank Nifty, Fin Nifty and Sensex Market Prediction Tomorrow November 1, 2023

Market Prediction Tomorrow
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Market Prediction Tomorrow: The provided information appears to be a market analysis and prediction for the SENSEX, NIFTY, BANKNIFTY, and FINNIFTY indices in a financial market. Let’s break down the key points for each index for Market Prediction Tomorrow:

Market Prediction Tomorrow

SENSEX (63,875):

The SENSEX is currently in a positive trend, and if you are holding long positions, it is recommended to continue holding with a daily closing stoploss of 63,485. Fresh short positions can be initiated if SENSEX closes below 63,485 levels. The support and resistance levels are given as 63,641 – 63,407 – 63,001 and 64,281 – 64,686 – 64,920, respectively. The tentative range is 63,261 to 64,489 with an accuracy of 92%.

NIFTY (19,080):

NIFTY is also in a positive trend. Hold long positions with a daily closing stoploss of 18,953. Consider short positions if NIFTY closes below 18,953. The support and resistance levels are 19,013 – 18,946 – 18,836 and 19,190 – 19,301 – 19,367. The tentative range is 18,897 to 19,262 with an accuracy of 92%.

BANKNIFTY (42,846):

BANKNIFTY is in a positive trend. Continue holding long positions with a daily closing stoploss of 42,537. Fresh short positions can be initiated if BANKNIFTY closes below 42,537. The support and resistance levels are 42,643 – 42,440 – 42,083 and 43,203 – 43,560 – 43,763. The tentative range is 42,331 to 43,361 with an accuracy of 92%.

FINNIFTY (19,205):

FINNIFTY is currently in a negative trend. If you hold short positions, continue holding with a daily closing stoploss of 19,244. Fresh long positions can be considered if FINNIFTY closes above 19,244. The support and resistance levels are 19,125 – 19,044 – 18,913 and 19,336 – 19,467 – 19,547.

It’s important to note that these are technical analysis predictions based on current market conditions. They provide potential entry and exit points for traders but do not guarantee future market movements. Market conditions can change rapidly due to various factors, so it’s essential to consider your risk tolerance and consult with a financial advisor before making any investment decisions. Additionally, the stated accuracy percentages should be interpreted with caution, as no prediction method can guarantee outcomes with 100% accuracy.


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