In this article, we have analyzed Bank Nifty Prediction For Tomorrow 8th January 2025, Nifty and Bank Nifty Prediction For Tomorrow, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Market Prediction For Tomorrow – 8th January 2025
Market Prediction for Tomorrow 8th January 2025
Today’s market session was relatively muted after yesterday’s sell-off. Nifty opened with a gap-up and managed to maintain those levels throughout the day, closing 91 points higher. However, the bounce lacked strength, and buyers did not aggressively push prices higher. It’s crucial to note that markets don’t trend every day and sideways or volatile sessions are part of the natural cycle. Traders should remain cautious and prepare for opportunities both ways. Below are the detailed levels for all major indices.
Nifty Prediction For Tomorrow 8th January
Nifty Prediction for Tomorrow 8th January 2025
Nifty closed at 23,707, recovering from the previous day’s sell-off with a moderate gain. However, the lack of strength in the bounce indicates that sellers remain in control at higher levels. Tomorrow, a move above 23,800 could bring some buying interest, but resistance remains strong near 23,950. Traders should continue using a sell-on-rise strategy unless a strong breakout above resistance is seen.
- Support: 23650
- Resistance: 23800
- Buying Area: 23815
- Selling Area: 23625
- Tentative Range: 23550-23980
- No Trade Zone: 23650-23800
Bank Nifty Prediction For Tomorrow 8th January
Bank Nifty Prediction For Tomorrow 8th January
Bank Nifty closed at 50,202, gaining slightly after a gap-up opening. The index remains range-bound, with sellers actively defending higher levels near 50,450–50,600. Key support at 50,000 could offer a temporary floor, but a breakdown below this level would signal renewed weakness. Traders should watch for rejection at resistance zones to initiate shorts.
- Support: 50000
- Resistance: 50470
- Buying Area: 50525
- Selling Area: 49950
- Tentative Range: 49800 50700
- No Trade Zone: 50000-50450
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Finnifty Prediction For Tomorrow – 8th January
Finnifty Prediction For Tomorrow 8th January
Finnifty closed at 23,430, with a subdued session despite the gap-up. The index remains in a sell-on-rise setup, with resistance near 23,500–23,650 likely to attract selling pressure. Key support around 23,300 needs to hold to prevent further downside. Traders should remain cautious and focus on shorting near resistance.
- Support: 23300
- Resistance: 23500
- Buying Area: 23350
- Selling Area: 23500
- Tentative Range: 23150-23700
- No Trade Zone: 23300-23500
Midcap Nifty Prediction For Tomorrow 8th January
Midcap Nifty Prediction for tomorrow 8th January 2025
Midcap Nifty closed at 12,739, showing limited movement after the gap-up. While the index avoided further declines, the bounce lacked conviction. Resistance near 12,800–12,900 remains critical for sellers, while support at 12,650 could attract temporary buying. Traders should focus on short opportunities near resistance levels.
- Support: 12650
- Resistance: 12800
- Buying Area: 12670
- Selling Area: 12800
- Tentative Range: 12580-12950
- No Trade Zone: 12650-12800
Sensex Prediction For Tomorrow 8th January
Sensex Prediction for 8th January 2025
Sensex closed at 78,199, managing a slight gain after a quiet session. While the gap-up held, the lack of follow-through buying indicates limited strength. Resistance near 78,450–78,650 is a key area to watch for selling pressure, while support at 78,000 remains a critical level for buyers.
- Support: 78000
- Resistance: 78450
- Buying Area: 78100
- Selling Area: 78450
- Tentative Range: 77750-78700
- No Trade Zone: 78000-78450
Disclaimer:
The information provided in this market analysis of Bank Nifty Prediction For Tomorrow 8th January 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.
