In this article, we have analyzed Bank Nifty Prediction For Tomorrow 26th December 2024, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Market Prediction For Tomorrow 26th December 2024
Market Prediction for 26th December 2024
Based on Tuesday’s market performance, the overall sentiment indicates a sell-on-rise strategy as sellers continue to dominate across all indices. The bounce observed near key resistance levels lacked buying strength, and the day’s low closing highlights bearish momentum. For 26th December, it’s critical to monitor the key support and resistance levels across all indices. Below is the detailed analysis:
Nifty Prediction For Tomorrow 26th December
Nifty Prediction for 26th December
Overview: Nifty saw a bounce near 23,850 on Tuesday but quickly reversed as selling pressure took over. Sellers dominated the session, resulting in a close at the day’s low. For tomorrow, focus remains on the downside, with resistance at higher levels and a preference for sell-on-rise opportunities.
- Support: 23,600
- Resistance: 23,870
- Buying Area: 23880
- Selling Area: 23,820
- Tentative Range: 23,500–23,920
- No Trade Zone: 23,650–23,870
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Bank Nifty Prediction For Tomorrow 26th December
Bank Nifty Prediction for 26th December
Overview: Bank Nifty also faced similar selling pressure, with a bounce being aggressively sold. The index failed to hold higher levels and closed weak, showing that sellers remain in control. Any rise towards resistance levels should be utilized for selling opportunities.
- Support: 51,000
- Resistance: 51,430
- Buying Area: 51450
- Selling Area: 50,975
- Tentative Range: 50,700–51,800
- No Trade Zone: 50,950–51,450
Finnifty Prediction For Tomorrow
Finnifty Prediction for 26th December
Overview: Finnifty attempted to recover on Tuesday but failed to sustain above its resistance levels. The weak closing near the day’s low highlights the lack of buying strength. For tomorrow, sellers are expected to maintain control, with resistance zones being ideal points to enter short trades.
- Support: 23,650
- Resistance: 23,900 & 24,020
- Buying Area: 23920
- Selling Area: 23,900
- Tentative Range: 23,500–24,050
- No Trade Zone: 23,650–23,900
Midcap Nifty Prediction For tomorrow 26th December
Midcap Nifty Prediction for 26th December
Overview: Despite a slight bounce, Midcap Nifty couldn’t break through its resistance and closed at the day’s low, confirming seller dominance. For tomorrow, look for selling opportunities if the index approaches resistance levels.
- Support: 12,700
- Resistance: 12,820 & 12,860
- Buying Area: 12835
- Selling Area: 12,820
- Tentative Range: 12,620–12,860
- No Trade Zone: 12,700–12,820
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Sensex Prediction For Tomorrow 26th December
Sensex Prediction for 26th December
Overview: Sensex witnessed a weak session, with selling pressure negating any buying attempts. Closing at the day’s low confirms that sellers are in control. For tomorrow, watch for any rise to resistance levels for potential short trades.
- Support: 78,400
- Resistance: 78,750 & 79,050
- Buying Area: 78800
- Selling Area: 78,750
- Tentative Range: 78,200–79,050
- No Trade Zone: 78,400–78,750
Key Observations Across Indices:
Seller Dominance: All indices are showing clear signs of bearish sentiment, with sellers dictating market action.
Sell-on-Rise Strategy: For 26th December, the focus should be on shorting near resistance levels across indices.
Weak Closings: The consistent closing near day’s lows reinforces the strength of sellers.
No Trade Zones: Highlighted no trade zones help identify areas of indecisiveness to avoid risky trades.
These levels and observations provide actionable insights to approach the market on 26th December 2024.
Disclaimer:
The information provided in this market analysis of Bank Nifty Prediction For Tomorrow 26th 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 a trade.
