In this article, we have analyzed the Nifty And BankNifty Prediction For Tomorrow 10th December 2024, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Market Prediction For Tomorrow
Market Prediction for Tomorrow: 10th December 2024
Today, the markets displayed a sideways consolidation phase, digesting the strong bounce from last week. While there were minor dips, none of them signaled a major threat to the prevailing structure. The overall sentiment remains sideways to bullish, with Banknifty continuing to hold strength despite today’s slight decline. This suggests a high probability of markets taking a breather before initiating a big directional move.
Here’s a detailed breakdown of today’s performance and tomorrow’s potential:
Open Free Demat Account TodayNifty Prediction For Tomorrow
Nifty And BankNifty Prediction For Tomorrow – 10th December 2024
Nifty closed at 24,619, down by 58 points, but its overall structure remains intact. The consolidation indicates that the index is building strength for the next move. A break above 24,700 could lead to momentum, while 24,550 serves as immediate support.
Support: 24,575
Resistance: 24,695
Buying Area: 24,710
Selling Area: 24,555
No Trade Zone: 24,550-24,700
Tentative Range: 24,450-24,750
BankNifty Prediction For Tomorrow
Nifty And BankNifty Prediction For Tomorrow – 10th December 2024
Banknifty closed at 53,407, down by 101 points, but its relative strength compared to Nifty remains a positive indicator. The index has been the leader in the recent rally and is likely to retain its position. Immediate support at 53,275 and a break above 53,600 could reignite buying momentum.
Support: 53,275
Resistance: 53,575
Buying Area: 53,600
Selling Area: 53,250
No Trade Zone: 53,300-53,550
Tentative Range: 53,100-53,700
Sensex Prediction For Tomorrow
Sensex Prediction for Tomorrow – 10th December
Sensex closed at 81,508, reflecting a modest yet firm trend higher. Its support and resistance levels suggest more upside potential, provided the momentum continues.
Support: 81,400
Resistance: 81,650
Buying Area: 81,700
Selling Area: 81,350
No Trade Zone: 81,400-81,650
Tentative Range: 81,300-81,800
Finnifty Prediction for Tomorrow
Finnifty Prediction for Tomorrow – 10th December
Finnifty closed at 24,722, showing strength and resilience. The index is nearing its breakout zone, and a close above 24,800 could lead to accelerated buying.
Support: 24,700
Resistance: 24,800
Buying Area: 24,850
Selling Area: 24,675
No Trade Zone: 24,700-24,800
Tentative Range: 24,650-24,900
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Midcap Nifty Prediction for Tomorrow
Midcap Nifty Prediction for Tomorrow – 10th December
Midcap Nifty closed at 12,988, continuing its upward trajectory. While the index has been moving steadily, its pace suggests that midcaps are being selectively picked by buyers.
Support: 12,950
Resistance: 13,050
Buying Area: 13,080
Selling Area: 12,925
No Trade Zone: 12,950-13,050
Tentative Range: 12,900-13,100
Tomorrow Market Overview
Nifty: Consolidation continues, but dips remain unthreatening, indicating a potential breakout above 24,500.
Banknifty: Continues to lead with strength; the next big move could be triggered by a breakout above resistance.
Sensex: Modest gains signal stability and upside potential.
Finnifty: Poised for a breakout as it edges closer to key levels.
Midcap Nifty: Slow but steady upward momentum with selective buying interest.
Disclaimer:
The information provided in this market analysis of Nifty And BankNifty Prediction For Tomorrow 10th December 2024 is for general informational purposes only and does not constitute financial advice. We are not SEBI Registered. you may consult your Financial advisor before taking trade.
