Nifty Prediction for tomorrow

today is Sunday and after the weekend now we come back to our love which is nifty and Bank Nifty. I am sharing my view on Nifty Prediction for tomorrow

Nifty Prediction for tomorrow

Monthly chart nifty we start with the monthly chart and as I see the market is near an all-time high-level last time market touched level 18604 and Friday same near this level high of 25.11.2022 is 18534 and tomorrow market open gap up its need sustain on this level for go up. as you see in a chart you better understand.

The weekly chart Nifty can seem the same as in the nifty monthly chart but there is one trend line came from the upper side and also a market there take correction so good sign for the market mean there is some chance for profit booking because the market from October continuously going up so there are chance market take break or some healthy profit booking.

when you see the Daily chart there is a picture clear where you see last Friday's Red candle but there is buyers are strong not the seller-buyer try to market up but the seller is also strong and finally day close in red so tomorrow also some more redness seen in the daily chart.

 Now come to the main topic tomorrow is where to buy or sell a nifty future and options but don't try to fight with the market. if you see 15 mint chart which is best for intraday I am a personal user and other traders also all picture is clear Friday market opens at 18528 and is high at 18533 and after a mintus its show negativity and touch low level 18445 in 30 minutes and again buyer come back try to go up and and level 18526 but last mint seller come back so for tomorrow market show negative hope so because RSI show negativity also and for your clarification check chart.

 

note:- I note SEBI Register or I do not sell any call to my Reader this article for Education take any trade or investment on your Risk i am just sharing my view on my experience