Home » Stock Market Prediction For Nifty & Bank Nifty 31 Mar 2023

Stock Market Prediction For Nifty & Bank Nifty 31 Mar 2023

Nifty Closed at 17359.75 (279.05) (1.63%)

Pin Points on Today’s Market:

Nifty and Bank Nifty closed Positive. After Gap Up Opening Nifty and Bank Nifty keep on moving up and remain positive throughout the day. Both Index are very close to positional resistance Level breakout of this level can give more upside movement. Bank Nifty is to give Breakout of Weekly Inside Bar, and currently has formed Double TOP @40690. Both Index have formed Higher High and Higher Low formation on Daily and Weekly.

Support Resistance based Open Interest Activity for Tomorrow

Resistance17600, 17700
Support 17200, 17000

Technical Levels For Trading Nifty Tomorrow

Breakdown Below: 17335Resistance: 17425, 17485, 17575
Breakout Above: 17380Support: 17290, 17230, 17140

Bank Nifty Closed at 40608.65 (698.50) (1.75%)

Support Resistance based Open Interest Activity for Tomorrow

Resistance41000, 41300
Support 40400, 40000

Technical Levels For Trading Bank Nifty Tomorrow

Breakdown Below: 40550Resistance: 40770, 40985, 41235
Breakout Above: 40650Support: 40425, 40210, 39960

Stock to Keep Watch for Tomorrow


Buy if today’s price crosses yesterday’s high, sell if it crosses yesterday’s low.


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