In Stock market today, Nifty crossed the 19,500 mark whereas Bank Nifty ended above 45300; both the indices broadly ended in Green.
Stock Market Nifty Chart Prediction.
The Nifty ended positively, but the most important aspect is that it closed near 19,500. The reason for this is as there was Short Covering on the expiry day that made it nifty to cross the 19,500 mark.
There are good chances of a slight Gap up to a flat opening tomorrow as NIFTY has crossed its crucial Level of 19,500 and closed just below the same. If Nifty gives a Gap Up opening, it may touch the All-Time High Record. But all these aspects depend upon the Global cues as well.
Bank Nifty Daily Chart Prediction
Today, BANK NIFTY managed to close in green but it was weak compared to nifty it was mostly range Bound. For tomorrow you can go with the strategy of long nifty and short bank nifty is bank nifty is a weak buy after crossing the level of 45655 bank nifty will go in blue sky zone.
Also, Check out our article on ITR Filing for Stock Market Trader (2023)
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