Bank Nifty, Nifty Intraday trading levels for Today, 18 July 2023:- Bank Nifty closed in green for 3 consecutive days and Nifty for 2 consecutive days on Monday. Market was sideways in the morning and moves slowly upside to the end of the day. The banking and Financial stocks are performed well to make the overall trend to become positive after HDFC Bank Q1FY24 earning.
Media PSU banks and Nifty Bank moved the most on Monday and Auto and Reality stocks was the worst performed stock on Monday's market. Nifty Mid cap 0.31 percentage and Nifty small cap index gained 0.88 percentage in Monday's market.
Bank Nifty performance on Monday, 17th June 2023
Bank Nifty Future price opened at 44960 levels and moved sideways in the First half. Then the price moved violently to make a intraday high of 45588 and a intraday low of 44770 levels. Bank Nifty Futures moved more than 800 points whole day and closed around 1.5 percentage above the opening price, which is about 651 points.
Bank Nifty indices opened at 44964 and moved in a range between 44695 to 44875 levels. After that it given a breakout from this range and moved higher to 45556 levels and closed at 45502 levels, which is just above our support levels at 45485 levels.
Nifty performance on Monday, 17th June 2023
Nifty Futures also given a positive movement of 0.67 percentage higher, which is 131 points from opening levels on Monday. Nifty Futures opened at 19622 levels and given a intraday high of 19739 and a intraday low price of 19597 levels on Monday's market. Nifty Futures closed at 19727 levels.
Nifty indices opened slightly gap down with 7 points down on Monday. After that Nifty moved in a range of 19595 to 19565 levels and then it breaks from that levels and given continues upwards movement towards the end of the day. During the day it have moved about 150 points , making a intraday high of 19730 and Intraday low of 19579 levels.
You may like to read our previous post on " Bank Nifty and Nifty Intraday Prediction for 17th to 21st, July 2023"
Bank Nifty Intraday levels prediction for 18th July 2023
Current market price of bank Nifty is at 45502 levels, which is just above the intraday support of 45485 levels as given in the chart below. You can expect more upwards movement above 45555 levels on Tuesday and you can expect a more downward movement below the 45485 support levels. Upward targets for Bank Nifty for today is 45600, 45650 and more. Downside targets for Bank Nifty are at 45400, 45300, 45222, 45150 levels. Mark these levels in your chart for trading on Tuesday.
 |
| Bank Nifty Intraday levels prediction for 18th July 2023 |
Key Highlights of Bank Nifty for 18th, July 2023
- Bank Nifty Current market price of 45502
- Intraday Supports for Bank Nifty are 45400, 45300, 45222, 45150
- Intraday Resistance levels for Bank Nifty are 45600, 45650
- More fall below 45485
- More upside above 45555
Nifty Intraday levels prediction for 18th July 2023
Now let's look in to the Nifty Intraday levels for today's market. Nifty current closing price at 19719 levels. On Monday we have seen a new Intraday resistance level of 19730. You can expect more upward movement above these resistance levels for Tuesday. Please note that this will be the major resistance if the Nifty opens flat . Nifty have a good Intraday support at 19675 levels, if it breaks below these support levels only we can see more downward movement in Nifty. Nifty upwards targets can be expected as 19750, 19785, 19800 levels and Down side targets are 19675, 19655,19642, 19595 levels.
 |
| Nifty Intraday levels prediction for 18th July 2023 |
Key Highlights of Nifty for 18th, July 2023
- Nifty Current market price of 19719
- Intraday Supports for Nifty are 19675, 19655,19642, 19595
- Intraday Resistance levels for Nifty are 19750, 19785, 19800 and more are coming on upcoming days
- More fall below 19675
- More upside above 19730
Post a Comment