Nifty Prediction For - 3 March 2025
Nifty Prediction For Today - 21 February 2025
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Nifty Prediction for 21st February
NIFTY opened weak but closed flat again. A near 100-point rally from day’s low saw NIFTY close the day losing only 0.09%. The breadth was positive as 28 stocks closed in the green. SHRIRAMFIN and NTPC were the top performers. On the other hand, heavyweights HDFC, MARUTI & TECHM were the worst performers.
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Yet again, NIFTY went close to 22800 and bounced back. While overall momentum is still negative, buying interest is undoubtedly emerging at lower levels. Today’s Marubozu candle with a close near day’s high and an open near day’s low also reiterates strong buying interest at lower levels. As such, 22800 continues to remain a strong support level. Any breach could mean further downside. Near term support and resistance levels are 22666/22513 and 23161/23314.
"A Repeat Of Yesterday. Midcaps Rally. NIFTY Gets Support At 22800"
Bank Nifty Prediction for 21st February
BANKNIFTY was weak and closed 0.5% down. It was dragged down by declines in heavyweights – HDFC, ICICI and KOTAK. ADR was positive and all the other banks closed in the green. PNB was the top performer with a 3% gain. The long legged Doji pattern indicates uncertainty and a lack of clear direction. Near term support and resistance levels are 48835/48526 and 49834/50143.
Intraday levels for Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY | SENSEX | BANKNIFTY | FINNIFTY | |
Support 1 | 22666 | 74942 | 48835 | 23049 |
Support 2 | 22513 | 74451 | 48526 | 22905 |
Resistance 1 | 23161 | 76530 | 49834 | 23514 |
Resistance 2 | 23314 | 77021 | 50143 | 23657 |
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