Bank Nifty And Nifty Intraday Prediction for Monday 10th July 2023

Bank Nifty And Nifty Intraday Prediction for Monday 10th July 2023:- Indian market was on negative side and we have seen a fall in Bank Nifty and Nifty. Last Friday following the global markets, there is continues bear's from morning to the end of the trading hours. In this blog post we will the see the latest Intraday chart analysis, supports, resistance and upcoming targets for Bank Nifty and Nifty. 

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Bank Nifty and Nifty ended in Red on Friday, 7th July 2023

Bank Nifty opened gap down at 45147 and moves little high and made a high of 45238 levels. After that Bank Nifty fell down continuously and made a intraday low of 44845 levels. Then Bank Nifty taken the support at 44870 and moved 175 points upward to 45089 levels, creating new resistance level of 45100. At the end of the day closing price of Bank Nifty at 44892 levels, just above our Intraday support levels.

Now when we look in the case of Nifty, it follows the negative trend in the market. Nifty opened Negative same like Bank Nifty at 19443 levels, then took the support range of 19431 to 19415 levels and moved to Intraday high of 19525 levels. After we have seen a continues fall in the Nifty and made a day low of 19345, which is almost 100 points from the opening. Then same like Bank Nifty, Nifty took support levels and give a 65 points upside from 19350 support levels. Then finally Nifty made a new Intraday low of 19303 levels.

You may Like to read our previous post on "Bank Nifty And Nifty Intraday Prediction for Tomorrow 7th July 2023"

Bank Nifty Prediction for 10th July 2023

We may look in to the Trading setup for Bank Nifty for tomorrow. The current market price for Bank Nifty is 44892 level. Now this closing for Bank Nifty is above a major Support level of 44860. So if this level sustain for Bank Nifty on Monday, it can move to the next resistance level of  45065. If the Bank Nifty price opening below 44750, then we can see a fall in Bank Nifty till the next support level of 44600 to 44500 levels. See the 1 hour chart with marked levels for tomorrow's market below.

Bank Nifty Prediction for 10th July 2023

Bank Nifty Targets of 45065,45200 can be possible in Upper side and Bank Nifty lower Targets of 44750,44600 can be possible.

Key Highlights for Bank Nifty on Monday 

• Bank Nifty Current market price of 44892
• Intraday Supports for Bank Nifty are 44750,44600,44500
• Intraday Resistance levels for Bank Nifty are 45065,45220,45350
• More fall below 44840
• More upside above 44900 

Nifty Prediction for 10th July 2023

Current Market Price for Nifty is at 19324, which is just below the intraday support level of 19330 levels. If the Nifty opened above this resistance can take  Nifty to the support levels of 19400 to 19416 levels. But if the price sustain below the 19330 levels, then we can see a fall till 19235 levels. Below 19235 levels we have a major support levels of 19200. We should keep this level as very import for Nifty in coming week. You can see the Nifty Intraday 1 hour chart below with the marked resistance and support levels for tomorrow. 

Nifty Prediction for 10th July 2023

Nifty Targets above 19330 levels can give targets of 19415 to 19430 levels

 Key Highlights for Nifty on Monday

• Nifty Current market price of  19324
• Intraday Supports for Nifty are 19235,19200,19110
• Intraday Resistance levels for Nifty are 19400,19415,19430,19470
• More fall below 19300
• More upside above 19330

Conclusion 

We have seen the Major Support and Resistance levels for Bank Nifty, Nifty for 10th July 2023. We can expect a More Upside movement in Nifty above 19330 resistance levels and more fall below the 19300 intraday levels. For Bank Nifty we can expect a more fall above 44900 levels and more fall below 44840 levels. All the chart study posted here are for education purpose only. As mentioned you may join Our telegram Channel for free to get the live market updates and free option calls.