Bank Nifty Prediction For Monday 7th October 2024

In this article, we have analyzed the Bank Nifty Prediction for Monday 7th September 2024, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.

Nifty Prediction for Monday – 7th Oct

In Today’s Market Prediction for Monday 7th October, as far as Nifty is concerned, after a consistent Up Move this week, we saw aggressive profit booking in all indices, including Nifty. After today’s gap down, we gave a bounce only to trap and then fell, closing near the day’s low. I discussed this in my free Telegram channel you can click here to join. For Nifty prediction for Monday, everyone’s focus will be on how we move from here, especially after back-to-back selling. You can watch the detailed analysis for tomorrow’s Nifty prediction at the end of the blog.

Nifty Support – 24800

Nifty Resistance – 25100

Nifty Buying Area – 25100 & 24800 (If Takes Support)

Nifty Selling Area – 24950 & 25270 (Sell on Rise)

Nifty Tentative Range – 24850-25150

Bank Nifty Prediction for Monday – 7th Oct

As far as Bank Nifty prediction for tomorrow is concerned, it has consistently given up all gains of previous weeks. Currently, it is well below 51,500 and already looks Really weak. For short-term and intraday traders, it will be a sell on rise in Bank Nifty. The last support and hope for bulls in Bank Nifty is 51,150. In case we don’t respect that, then the road to 50,000 will be very soon. For tomorrow’s Bank Nifty prediction, it will also be interesting to see where we open in case of gap-ups, there is a high probability of that being sold.

Banknifty Support – 51150

Banknifty Resistance – 51750

BankNifty Buying Area – 51750 & 51150 (If takes Support)

Banknifty Selling Area – 51450 & 52000 (Sell on Rise)

Banknifty Tentative Range – 51100-51850

Midcap Nifty Prediction for Monday – 7th Oct

Midcap Nifty Market Prediction for Tomorrow – 7th
Midcap Nifty Market Prediction For 7th October, Monday, Midcap Nifty Also Saw Aggressive Selling This Complete Week & Broke The Psychological Figure of 13000, Here are The Key Levels In Midcap Nifty For Tomorrow Expiry

Midcap Nifty Support – 12725

Midcap Nifty Resistance – 12950

Midcap Nifty Buying Area – 12950

Midcap Nifty Selling Area – 12700

Midcap Nifty Tentative Range – 12650-12900

Finnifty Prediction for Monday– 7th Oct

Finnifty Market Prediction For Tomorrow 7th October, 2024

For Finnifty Tomorrow Analysis It Has Closed Weak at a Very Crucial Area & Has Gone Down Just Like All Other Indices,For Monday Finnifty Prediction Here are the key areas to focus on

Finnifty Support – 23550

Finnifty Resistance – 23715

Finnifty Buying Area – 23715 & 23550 (If takes Support)

Finnifty Selling Area – 23525 & 23775 (Sell on Rise)

Finnifty Tentative Range – 23450-23850

Sensex Prediction for Monday – 7th Oct

Sensex Market Prediction for Tomorrow – 7th October
Sensex Prediction For Today 7th October,2024

So Sensex on Friday Gave a Sharp Bounce In The First Half & Saw Aggressive Selling After That & Closed Weak and Below 82000, Structure For Intraday Looks For Sell On Rise, For Monday these are the areas to focus on for Tomorrow Sensex Prediction

Sensex Support – 81500

Sensex Resistance – 82200

Sensex Buying Area- 82200 & 81500(If takes Support)

Sensex Selling Area – 81450 & 81450 (Sell on Rise)

Sensex Tentative Range – 81200-82600

Disclaimer:

The information provided in this market analysis 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.

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