In this article, we have analyzed Market Prediction For Tomorrow 24th December 2024, Nifty and Bank Nifty Prediction For Tomorrow, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Nifty Prediction For Tomorrow
Nifty Prediction for Tomorrow – 24 December 2024
Nifty Prediction for Tomorrow
In today’s market movement, Nifty rose by 165 points to close at 23,753. Despite this sharp move up, it’s crucial to note that last week’s aggressive selling continues to cast a shadow over this rally. Historically, initial bounces after a heavy sell-off are often sold into, making this recovery less convincing. Market Prediction For Tomorrow of Nifty prediction, all eyes will be on key levels and whether the market sustains above the critical resistance areas or faces renewed selling pressure. Below are the key levels to watch for Nifty:
- Nifty Support – 23650
- Nifty Resistance – 23,840
- Nifty Buying Area – 23870
- Nifty Selling Area – 23,645 & 23840 (Sell On Rise)
- Nifty Tentative Range – 23,500–23,920
- No Trade Zone – 23645-23840
Bank Nifty Prediction For Tomorrow
Bank Nifty Prediction for Tomorrow – 24 December
Bank Nifty Prediction for Tomorrow
Today, Bank Nifty surged by 558 points and closed strongly at 51,317, breaking above short-term resistances. However, the overall selling trend observed in recent weeks indicates this rally could face resistance at higher levels. Market Prediction For Tomorrow of Bank Nifty prediction, traders should focus on key support and resistance levels, with a sell-on-rise strategy being preferred in the current market setup.
- Bank Nifty Support – 51025
- Bank Nifty Resistance – 51420
- Bank Nifty Buying Area – 51450
- Bank Nifty Selling Area – 51000
- Bank Nifty Tentative Range – 50,650–51,900
- No Trade Zone – 51000-51450
Finnifty Prediction for Tomorrow
Finnifty Market Prediction for Tomorrow – 24 December
Finnifty Market Prediction for Tomorrow
Today, Finnifty gained 193 points to close at 23,785, continuing its attempt to recover from last week’s sell-off. Despite the positive close, this bounce lacks strength due to the dominance of sellers seen recently. For tomorrow’s Finnifty prediction, traders must focus on the following levels, especially near the resistance, where selling could re-emerge.
- Finnifty Levels for 24 December
- Support: 23,680
- Resistance: 23,920
- Buying Area: 23950
- Selling Area: 23,900
- Tentative Range: 23,550–24,050
- No Trade Zone: 23,680–23,900
Midcap Nifty Prediction for Tomorrow
Midcap Nifty Prediction for Tomorrow – 24 December
Midcap Nifty Prediction for Tomorrow
Midcap Nifty rose by 72 points today, closing at 12,756. Despite the positive movement, midcaps have consistently faced selling pressure over the last week. The key for tomorrow’s Midcap Nifty prediction will be whether it can hold above 12,700 or succumb to renewed selling at higher levels.
- Midcap Nifty Levels for 24 December
- Support: 12,700
- Resistance: 12,820
- Buying Area: 12840
- Selling Area: 12,800
- Tentative Range: 12,620–12,860
- No Trade Zone: 12,700–12,800
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Sensex Prediction for Tomorrow
Sensex Market Prediction for Tomorrow – 24 December
Sensex Market Prediction for Tomorrow
Sensex showed a strong performance today, rising by 498 points to close at 78,540. The bounce appears to have attracted some buyers, but the broader market trend of selling at higher levels remains intact. For tomorrow’s Sensex prediction, focus on whether it sustains above 78,500 or faces renewed selling.
Sensex Levels for 24 December
- Support: 78,450
- Resistance: 78,700
- Buying Area: 78750
- Selling Area: 78,750
- Tentative Range: 78,200–79,050
- No Trade Zone: 78,450–78,750
Disclaimer:
The information provided in this market analysis of Market Prediction For 20th 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.