Market Prediction For 21 November 2024 | Tomorrow Nifty & Bank Nifty Prediction
In this article, we have analyzed the Bank Nifty, Nifty 50, Sensex, Fin Nifty and Nifty Midcap Select Market Prediction For Tomorrow 21 November 2024.
Nifty Prediction For Tomorrow – 21st November
Nifty Prediction for Tomorrow – 21st November, 2024: Nifty Today showed a bounce towards 23750, which we highlighted in our previous blog as a likely move before further downside. However, the bounce was short-lived, and Nifty ended the session near the 200 DEMA around 23530, with weakness visible in the closing. For Nifty Prediction Tomorrow, the “sell on rise” trend remains intact, with 23750 acting as a key resistance level. Any failure to hold above 23530 could trigger another wave of selling, with support levels near 23350 coming back into focus.
Nifty Support – 23350
Nifty Resistance – 23600
Nifty Buying Area – 23625
Nifty Selling Area – 23425 & 23590
No Trade Zone – 23450-23575
Nifty Tentative Range – 23300-23750
Tomorrow Bank Nifty Prediction – 21 November
Tomorrow Bank nifty Prediction– 21st November, 2024: Banknifty Today displayed more strength compared to Nifty, managing to sustain above key support zones even amid broader market weakness. However, after an initial bounce, it too faced selling pressure and closed lower. For Tomorrow Banknifty Prediction, 49650 remains a key support level to watch, while resistance near 50250 could limit upside potential. Despite showing relative resilience, the banking index remains in a “sell on rise” market, making caution essential for traders.
Bank Nifty Support – 50450
Bank Nifty Resistance – 50750
Bank Nifty Buying Area – 50775
Bank Nifty Selling Area – 50150 & 50890
No Trade Zone – 50450-50750
Bank nifty Tentative Range – 50000-51000
Market Prediction For Tomorrow – Finnifty prediction 21 November
Finnifty Prediction for Tomorrow – 21st November, 2024: Finnifty followed the broader market trend, bouncing in the early session before succumbing to selling pressure later in the day. The index continues to struggle with sustaining gains, weighed down by weakness in the banking sector. For Finnifty Prediction Tomorrow, resistance is expected near 23750, and any failure to hold current levels could lead to further downside. With Thursday’s expiry ahead, traders should prepare for heightened volatility as Finnifty remains a “sell on rise” market.
Finnifty Support – 23300
Finnifty Resistance – 23465
Finnifty Buying Area – 23490
Finnifty Selling Area – 23285
No Trade Zone – 23300-23490
Finnifty Tentative Range – 23200-23600
Tomorrow Market Prediction For Midcap Nifty – 21 Novemebr
Tomorrow Market Prediction For Midcap Nifty – 21 Novemebr, 2024: Midcap Nifty tried to stabilize today but was unable to escape the overarching bearish sentiment. While a brief bounce gave some hope, selling resumed quickly, keeping the index under pressure. For Midcap Nifty Prediction Tomorrow, key resistance lies around 8860, while support near recent lows could provide some relief. Expiry-related volatility could drive sharp moves, but the “sell on rise” theme is expected to dominate trading sentiment.
Midcap Nifty Support – 12075
Midcap Nifty Resistance – 12175
Midcap Nifty Buying Area – 12190
Midcap Nifty Selling Area – 12060
No Trade Zone – 12075-12175
Midcap Nifty Tentative Range – 12000-12250
Sensex Prediction For Tomorrow – 21 November
Sensex Prediction for Tomorrow – 21st November, 2024: Sensex Today mirrored Nifty’s pattern, showing an early bounce but failing to hold gains as selling pressure took over in the latter part of the session. For Sensex Prediction Tomorrow, resistance near 79800 could limit any recovery attempts, while support around 79000 will be critical to watch. The market remains clearly in a “sell on rise” mode, and traders should brace for further downside unless a strong reversal emerges.