The given data provides predictions and analysis for the SENSEX, NIFTY, BANKNIFTY, and FINNIFTY indices in the stock market. Let’s break down the information for each index:
Market Prediction Tomorrow
SENSEX (65,970):
- Trend: Currently in a positive trend.
- Recommendation for Long Positions: Hold with a daily closing stoploss of 65,638.
- Recommendation for Short Positions: Initiate if Sensex closes below 65,638 levels.
- Support Levels: 65,876 – 65,781 – 65,668
- Resistance Levels: 66,083 – 66,196 – 66,291
- Tentative Range: 65,494 to 66,446 with an accuracy of 92%.
NIFTY (19,795):
- Trend: Currently in a positive trend.
- Recommendation for Long Positions: Hold with a daily closing stoploss of 19,690.
- Recommendation for Short Positions: Initiate if Nifty closes below 19,690 levels.
- Support Levels: 19,765 – 19,735 – 19,701
- Resistance Levels: 19,829 – 19,863 – 19,893
- Tentative Range: 19,652 to 19,937 with an accuracy of 92%.
BANKNIFTY (43,769):
- Trend: Currently in a negative trend.
- Recommendation for Short Positions: Hold with a daily closing stoploss of 43,866.
- Recommendation for Long Positions: Initiate if Banknifty closes above 43,866 levels.
- Support Levels: 43,621 – 43,474 – 43,381
- Resistance Levels: 43,862 – 43,954 – 44,102
- Tentative Range: 43,375 to 44,163 with an accuracy of 92%.
FINNIFTY (19,652):
- Trend: Currently in a negative trend.
- Recommendation for Short Positions: Hold with a daily closing stoploss of 19,719.
- Recommendation for Long Positions: Initiate if Finnifty closes above 19,719 levels.
- Support Levels: 19,598 – 19,543 – 19,509
- Resistance Levels: 19,686 – 19,720 – 19,774
Market Prediction Tomorrow, In summary, all four indices are currently giving trend signals, and specific recommendations are provided for both long and short positions based on their respective closing levels. The support and resistance levels, along with the tentative ranges, offer additional insights for traders and investors. It’s important to note that these predictions come with a claimed accuracy of 92%. Investors should use this information as part of their overall market analysis and consider other factors before making trading decisions.