In this article, we have analyzed the Bank Nifty Prediction For Tomorrow 06th December 2024, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Market Prediction for Tomorrow – 06th December
Market Prediction for Tomorrow – 6th December 2024
Today was an extremely volatile trading session, magnified by expiry pressures, making it tough for traders to navigate. However, Nifty’s closing above 24,500 signals the potential end of the downtrend and the start of an uptrend. If the momentum continues, buyers may gain a stronger grip. Banknifty and Sensex showed solid gains, while Midcap Nifty lagged slightly, indicating sectoral divergence.
Nifty Prediction For Tomorrow – 06th December
Nifty Prediction for Tomorrow 06th December 2024
Today’s volatile session ended with Nifty closing 241 points higher at 24,531, above the key 24,500 level, signaling the start of an uptrend. Buyers now have the upper hand, but sustainability will depend on holding above 24,500 and breaking 24,775.
Support: 24,550
Resistance: 24,775
Buying Area: 24,800
Selling Area: 24,500
No Trade Zone: 24,550-24,775
Tentative Range: 24,475-24,850
Bank Nifty Prediction for Tomorrow – 06th December
Bank Nifty Prediction For Tomorrow 06th December
Banknifty outperformed, closing 336 points higher at 53,475, showing strength and helping the overall market sentiment. A breakout above 53,650 could lead to further upside, while 53,275 remains crucial support.
Support: 53,275
Resistance: 53,650
Buying Area: 53,700
Selling Area: 53,250
No Trade Zone: 53,275-53,650
Tentative Range: 53,100-53,800
Sensex Prediction – 06th December
Sensex Prediction for Tomorrow – 6th December 2024
The Sensex closed 809 points higher at 81,475, marking a strong recovery. A move beyond 81,950 will confirm bullish momentum, while support lies at 81,200.
Support: 81,200
Resistance: 81,950
Buying Area: 82,000
Selling Area: 81,175
No Trade Zone: 81,200-81,950
Tentative Range: 81,000-82,200
Finnifty Prediction – 06th December
Finnifty Prediction for Tomorrow 6th December 2024
Finnifty closed up 266 points at 24,875, signaling strength in financial stocks. However, it needs to break 24,675 to extend gains.
Support: 24,475
Resistance: 24,675
Buying Area: 24,700
Selling Area: 24,450
No Trade Zone: 24,475-24,675
Tentative Range: 24,350-24,750
Also Read This: Multibagger Penny Stocks for 2025 Under 10 Rupees
Midcap Nifty Prediction – 06th December
Midcap Nifty Prediction for Tomorrow – 6th December 2024
While other indices rallied, Midcap Nifty showed limited movement, closing only 8 points higher at 12,608. It needs to break 12,875 to show momentum.
Support: 12,725
Resistance: 12,875
Buying Area: 12,900
Selling Area: 12,720
No Trade Zone: 12,725-12,875
Tentative Range: 12,675-12,950
Disclaimer:
The information provided in this market analysis of Bank Nifty Prediction For Tomorrow 06th December 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.
