Market Prediction For 28/12/2022
NIFTY Prediction
Nifty closed at 18132.30 Today. Let us now understand Nifty Prediction. The lines are drawn at 15 or 30 minutes time intervals but we can take the trade as per price action in 5 or 15 minutes.
Buying Trade
Support Zone
- 18045-18060
- 17960-17980
- 17790-17800
Resistance Zone
- 18160-18180
- 18200-18215
- 18260-18270
- 18320-18330
If you know price action, then you might know, once a resistance breaks, then chances are more for it to act as support and retest level. Accordingly, plan your trade.
BANKNIFTY Prediction
Bank Nifty closed at 42859.50. Let us now understand Bank Nifty Prediction. The lines are drawn at 15 or 30 minutes time intervals but we can take the trade as per price action in 5 or 15 minutes.
Buying Trade
Support Zone
- 42500-42550
- 42220-42260
- 41980-42000
- 41600-41650
Resistance Zone
- 42980-43000
- 43400-43426
- 43500-43550
These are valid for a day only. Market prediction is not that easy. One must be good at technical analysis and follow the rule-based setup. Here we are going to predict the market on our analysis. Your analysis might be different from ours. Kindly take the trade or invest after consulting with your financial advisor. We are posting the market predictions on a basis for educational purposes only. I am not SEBI register. Kindly plan your trade as per your financial advisor.
Open your trading account at Upstox
Also, Read Upcoming IPO