In this article, we have analyzed the Monday Bank Nifty Prediction 02nd December 2024, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Monday Nifty Prediction – 02nd December
Monday Bank Nifty Prediction – 02nd December 2024
After aggressive selling, Nifty staged a bounce, closing 0.90% higher at 24,131. However, the structure still favors sellers, making this a sell-on-rise market. Buyers should remain cautious and wait for confirmation of trend reversal. For Nifty Prediction for Monday, support is placed at 23950, and resistance is at 24230. Selling opportunities arise near 23930, while buyers may look for strength above 24250. The No Trade Zone is between 23950-24230, and the tentative range for Nifty is 23850-24300.
Nifty Levels:
Nifty Support: 23950
Nifty Resistance: 24230
Nifty Buying Area: 24250
Nifty Selling Area: 23930
No Trade Zone: 23950-24230
Nifty Tentative Range: 23850-24300
Monday Bank Nifty Prediction – 02nd December
Monday Bank Nifty Prediction – 02nd December 2024
Banknifty showed mild recovery, gaining 0.28% to close at 52,055. While the bounce was weaker compared to Nifty, the index is holding key levels for now. For Monday Bank Nifty Prediction, support is seen at 51750, with resistance at 52150. Sellers can look for opportunities around 51775, while buyers may aim for 52200. The No Trade Zone is between 51750-52150, and the tentative range is 51500-52300.
Banknifty Levels:
Bank Nifty Support: 51775
Bank Nifty Resistance: 52150
Bank Nifty Buying Area: 52200
Bank Nifty Selling Area: 51750
No Trade Zone: 51750-52150
Bank Nifty Tentative Range: 51500-52300
Midcap Nifty Prediction for Monday – 02nd December
Midcap Nifty Prediction for Monday – 2nd December 2024
Midcap Nifty closed 0.52% higher at 12,619, indicating a slight recovery, but the overall sentiment remains cautious. For Midcap Nifty Prediction for Monday, support is placed at 12575, with resistance at 12675. Selling opportunities can arise near 12660, while buyers may find strength above 12690. The No Trade Zone is between 12575-12675, and the tentative range is 12500-12750.
Midcap Nifty Levels:
Midcap Nifty Support: 12575
Midcap Nifty Resistance: 12675
Midcap Nifty Buying Area: 12690
Midcap Nifty Selling Area: 12660
No Trade Zone: 12575-12675
Midcap Nifty Tentative Range: 12500-12750
Finnifty Prediction for Monday– 02nd December
Finnifty Market Prediction for Monday – 2nd December 2024
Finnifty gained 0.37%, closing at 24,010, but the bounce lacked momentum. The index remains vulnerable, with sellers likely to dominate at higher levels. For Monday Market Prediction, support is seen at 23890, with resistance at 24175. Selling pressure can build around 24150, while buyers may aim for 24200. The No Trade Zone is between 23890-24175, and the tentative range is 23800-24250.
Finnifty Levels:
Midcap Nifty Support: 23890
Midcap Nifty Resistance: 24175
Midcap Nifty Buying Area: 24200
Midcap Nifty Selling Area: 24150
No Trade Zone: 23890-24175
Midcap Nifty Tentative Range: 23800-24250
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Sensex Prediction for Monday – 02nd December
Sensex Prediction for Monday – 02nd December 2024
Sensex led the recovery, rising 0.96% to close higher. Despite the bounce, the broader trend is still weak. For Sensex Prediction for Monday, support is placed at 79550, with resistance at 80200. Selling opportunities arise near 80180, and cautious buyers may look at 80250 for strength. The No Trade Zone is between 79550-80200, and the tentative range is 79300-80400.
Sensex Levels:
Sensex Support: 79550
Sensex Resistance: 80200
Sensex Buying Area: 80250
Sensex Selling Area: 80180
No Trade Zone: 79550-80200
Sensex Tentative Range: 79300-80400
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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