Nifty, Bank Nifty, Fin Nifty and Sensex Market Prediction Tomorrow October 30, 2023

Market Prediction Tomorrow
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Market Prediction Tomorrow: I can provide some information based on the data you provided, but please note that predicting the future movements of stock indices like SENSEX, NIFTY, BANKNIFTY, and FINNIFTY with high accuracy is extremely challenging. Market Prediction Tomorrow should be made based on comprehensive analysis, taking into consideration various factors, including economic indicators, geopolitical events, and market sentiment.

Market Prediction Tomorrow

Based on the information you provided:

SENSEX (63,783): SENSEX is currently in a negative trend, and it is recommended to hold short positions with a daily closing stop loss at 64,053. Fresh long positions can be considered if SENSEX closes above 64,053.

Support Levels:

  • 63,480
  • 63,177
  • 62,960

Resistance Levels:

  • 64,000
  • 64,216
  • 64,519

The tentative trading range for SENSEX is projected to be between 63,182 and 64,384.

NIFTY (19,047): NIFTY is also in a negative trend, and it is advisable to hold short positions with a daily closing stop loss at 19,127. Fresh long positions can be considered if NIFTY closes above 19,127.

Support Levels:

  • 18,957
  • 18,867
  • 18,808

Resistance Levels:

  • 19,107
  • 19,166
  • 19,256

The tentative trading range for NIFTY is expected to be between 18,867 and 19,227.

BANKNIFTY (42,782): BANKNIFTY, like the others, is in a negative trend. Short positions should be held with a daily closing stop loss at 42,919, and fresh long positions can be initiated if BANKNIFTY closes above 42,919.

Support Levels:

  • 42,563
  • 42,344
  • 42,206

Resistance Levels:

  • 42,921
  • 43,059
  • 43,278

The tentative trading range for BANKNIFTY is projected to be between 42,286 and 43,278.

FINNIFTY (19,129): FINNIFTY is also in a negative trend. Hold short positions with a daily closing stop loss at 19,244, and consider fresh long positions if FINNIFTY closes above 19,244.

Support Levels:

  • 19,056
  • 18,983
  • 18,934

Resistance Levels:

  • 19,178
  • 19,227
  • 19,301

Please remember that these are just projections and not guaranteed predictions. It’s essential to conduct your research or consult with a financial advisor before making any investment decisions. Market conditions can change rapidly due to various factors, and there is always inherent risk involved in trading and investing in the stock market.


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