In this article, we have analyzed the Nifty & Bank Nifty Prediction For Tomorrow 04th December, for Sensex, Nifty, Bank Nifty, Midcap Nifty, and Finnifty.
Market Prediction for Tomorrow – 4th December 2024
Nifty & Bank Nifty Prediction For Tomorrow
Today, the markets displayed strong bullish momentum, closing higher across all indices:This bounce and closing are encouraging, especially with Banknifty showing remarkable strength. However, tomorrow’s key level to watch for a potential upside reversal is Nifty closing above 24,500. A break and hold above this level can lead to a sharp rally. Below are the levels for all indices for tomorrow:
Nifty gained 0.75%
Banknifty surged 1.13%
Midcap Nifty climbed 0.68%
Finnifty rose 0.93%
Sensex increased 0.74%
Nifty Prediction – 04th December
Nifty Prediction for Tomorrow – 4th December 2024
Nifty closed strong, but the real test will be its ability to sustain above 24,500. For Nifty Prediction for Tomorrow, support is placed at 24340, and resistance is at 24575. Buying opportunities emerge above 24590, while selling can be considered around 24325. The No Trade Zone is between 24340-24575, and the tentative range is 24250-24650.
Nifty Levels:
Support: 24340
Resistance: 24480
Buying Area: 24500
Selling Area: 24325
No Trade Zone: 24340-24480
Tentative Range: 24250-24650
Bank Nifty Prediction – 04th December
Banknifty Prediction for Tomorrow – 4th December 2024
Banknifty showed leadership today with a gain of 1.13%, closing very strong. For Banknifty Prediction for Tomorrow, support is placed at 52450, and resistance is at 52875. Buyers should look for opportunities above 52900, while selling can be considered around 52425. The No Trade Zone is between 52450-52875, and the tentative range is 52250-53050.
Banknifty Levels:
Support: 52450
Resistance: 52875
Buying Area: 52900
Selling Area: 52425
No Trade Zone: 52450-52875
Tentative Range: 52250-53050
Sensex Prediction – 04th December
Sensex Prediction for Tomorrow – 4th December 2024
Sensex mirrored the broader market sentiment, gaining 0.74%. For Sensex Prediction for Tomorrow, support is placed at 80450, and resistance is at 80870. Buyers should watch for opportunities above 80900, while sellers may target 80425. The No Trade Zone is between 80450-80870, and the tentative range is 80250-81050.
Sensex Levels:
Support: 80450
Resistance: 80870
Buying Area: 80900
Selling Area: 80425
No Trade Zone: 80450-80870
Tentative Range: 80250-81050
Finnifty Prediction – 04th December
Finnifty Prediction for Tomorrow – 4th December 2024
Finnifty closed 0.93% higher, showing notable resilience. For Finnifty Prediction for Tomorrow, support is placed at 24125, and resistance is at 24350. Buyers can enter above 24375, while selling can be considered around 24110. The No Trade Zone is between 24125-24350, and the tentative range is 24050-24400.
Finnifty Levels:
Support: 24125
Resistance: 24350
Buying Area: 24375
Selling Area: 24110
No Trade Zone: 24125-24350
Tentative Range: 24050-24400
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Midcap Nifty Prediction – 04th December
Midcap Nifty Prediction for Tomorrow – 4th December 2024
Midcap Nifty climbed 0.68%, continuing its steady recovery. For Midcap Nifty Prediction for Tomorrow, support is placed at 12600, and resistance is at 12740. Buyers can consider opportunities above 12760, while sellers may target 12590. The No Trade Zone is between 12600-12740, and the tentative range is 12550-12800.
Midcap Nifty Levels:
Support: 12600
Resistance: 12740
Buying Area: 12760
Selling Area: 12590
No Trade Zone: 12600-12740
Tentative Range: 12550-12800
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.