Bank Nifty and Nifty Intraday Prediction for This week (17th-21st, July 2023):- Last Friday we have seen market closed at green following the positive global markets. The Nifty and Sensex made New high in last Friday, 19595 and 66159 respectively.
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| Bank Nifty and Nifty Intraday Prediction for This week (17th-21st, July 2023) |
The decline in the dollar price also made it favorable for the Indian market in last week. Almost all the Indices in each sectors ended up in green and IT sectors moved the most in last Friday's market. When we look in to the India VIX, it moved more than 2% which will reduce the volatility in coming days. Nifty Midcap and Nifty small cap ends in positive on last Friday, 1.15,1.42 percentage respectively. Also you may like to read our previous Bank Nifty Levels and Nifty levels.
Performance of Nifty and Bank Nifty on 14th July 2023
On last Friday, Bank Nifty July Futures moved more than 168 points and closed at 44945 levels. Bank Nifty Futures opened at 44882 levels which is a gap up opening by 105 points. Made a Intraday High of 44964 and Intraday low of 44674 levels.
Nifty Futures opened gap up at 19522 levels, which is 47 points up from the previous closing price. Nifty moved more than 150 points on last trading day, made a Intraday High of 19627 and Intraday low of 19475 levels. Nifty Futures closed at 19624 levels.
Bank Nifty Intraday prediction for This week(17th July to 21st July 2023)
When we look in to the details analysis for Bank Nifty for upcoming days, Closing price for Bank Nifty is at 44891 levels, just above the support level of 44860 levels. This will be the major support for Bank Nifty for Monday's market. Now you can expect a more up movement above 44935 levels, where 44933 levels are good Intraday resistance area for Bank Nifty in coming days. You can expect upside Targets of 45000, 45040,45065,45100 in coming week. But if Bank Nifty stays below the above mentioned support levels, then you can expect downside targets of 44750,44600,44550,44415 levels in coming week. Mark these levels in your chart for better trading.
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| Bank Nifty Intraday prediction for This week(17th July to 21st July 2023) |
Key Highlights for Bank Nifty for This week (17th-21st, July 2023)
- Bank Nifty Current market price of 44891
- Intraday Supports for Bank Nifty are 44750,44600,44550,44415
- Intraday Resistance levels for Bank Nifty are 45000, 45040,45065,45100
- More fall below 44850
- More upside above 44935
Nifty Intraday prediction for This week(17th July to 21st July 2023)
Now let's look in to the Nifty Intraday levels you should add in to your chart for coming week. Nifty made a new all time high of 19595 levels and closed at 19587 levels on last Friday. Now you can expect upside movement above 19560 levels in coming days. Don't miss this breakout levels for entering in Nifty. Also if Nifty breaks Intraday support of 19560 levels, then you can expect downside targets of 19550, 19525, 19500 levels. These are levels for Nifty that you should consider for the coming days.
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| Nifty Intraday prediction for This week(17th July to 21st July 2023) |
Key Highlights for Nifty on Monday
- Nifty Current market price of 19587
- Intraday Supports for Nifty are 19550, 19525, 19500
- Intraday Resistance levels for Nifty are 19640,19675 and more are coming on upcoming days
- More fall below 19560
- More upside above 19600
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