Nifty & Bank Nifty Prediction For Tomorrow 22 November 2024
In this article, we have analyzed the Bank Nifty, Nifty 50, Sensex, Fin Nifty and Nifty Midcap Select Market Prediction For Tomorrow 22 November 2024.
Nifty Prediction For Tomorrow – 22 November
Nifty Today remained under significant selling pressure, with weakness intensifying during expiry trading. After testing the support level of 23300, the index managed to stay above it but failed to break past resistance at 23465. For Nifty Prediction Tomorrow, the key buying area lies at 23480, while selling opportunities are strong around 23280 and 23380 in the “Sell on Rise” scenario. The No Trade Zone is defined between 23280-23380, and the tentative range for Nifty remains 23200-23650. Markets are clearly favoring sellers, so caution is advised for any long trades.
Nifty Support – 23300
Nifty Resistance – 23465
Nifty Buying Area – 23480
Nifty Selling Area – 23280 & 23380
No Trade Zone – 23280-23380
Nifty Tentative Range – 23200-23650
Tomorrow Bank Nifty Prediction – 22 November
Banknifty Prediction for Tomorrow – 22nd November 2024: Banknifty managed to defend the 50000 psychological level with a sharp bounce after testing its support near 49975. However, selling emerged again near resistance at 50450. For Banknifty Prediction Tomorrow, the buying area to watch is 50510, while selling remains dominant at 50150 and 50550 as part of the ongoing “Sell on Rise” trend. The No Trade Zone is between 50200-50550, and Banknifty’s tentative range for tomorrow is set between 49900-50800. Traders should watch these key levels closely, given the market’s persistent bearish undertone.
Bank Nifty Support – 49975
Bank Nifty Resistance – 50450
Bank Nifty Buying Area – 50510
Bank Nifty Selling Area – 50150 & 50550
No Trade Zone – 50200-50550
Bank nifty Tentative Range – 49900-50800
Finnifty Prediction For – 22 November
Finnifty Prediction for Tomorrow – 22nd November, 2024: Finnifty Today reflected the overall market weakness, hovering between its key support at 23130 and resistance at 23300. For Finnifty Prediction Tomorrow, the buying area stands at 23350, while selling opportunities are evident at 23110 and 23300, maintaining the “Sell on Rise” narrative. The No Trade Zone for Finnifty is between 23130-23300, and its tentative range is expected to be 23050-23400. Traders should anticipate heightened volatility around these levels as the bearish sentiment continues.
Finnifty Support – 23130
Finnifty Resistance – 23300
Finnifty Buying Area – 23350
Finnifty Selling Area – 23110 & 23300
No Trade Zone – 23130-23300
Finnifty Tentative Range – 23050-23400
Midcap Nifty Prediction for – 22 November
Midcap Nifty Prediction for Tomorrow – 22nd November, 2024: Midcap Nifty showed limited movement today, staying within its key levels as selling pressure kept the index subdued. For Midcap Nifty Prediction Tomorrow, the support is at 12075, and resistance is at 12175. The buying area is around 12190, while selling opportunities are prominent at 12060. The No Trade Zone lies between 12075-12175, and the tentative range for Midcap Nifty is set at 12000-12250. As with other indices, the market remains in a “Sell on Rise” phase, making it crucial for traders to stay disciplined.
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 – 22 November
Sensex Prediction for Tomorrow – 22nd November, 2024: Sensex Today marked its expiry session with significant selling pressure, testing its support at 77000 before closing lower. For Sensex Prediction Tomorrow, resistance lies at 77400, while the buying area is slightly higher at 77450. Selling opportunities are present at 76950, and the No Trade Zone is defined between 77000-77400. The tentative range for Sensex is 76700-77900, with the bearish momentum likely to persist unless buyers emerge strongly at support levels.