Welcome to our comprehensive Nifty Bank prediction for tomorrow. In this post, we provide you with expert analysis and insights into what you can expect in the Bank Nifty index for the upcoming trading day. Our predictions are based on technical and data analysis, helping you make informed decisions in the Nifty Bank.
Note: The Levels and Predictions given below are updated daily after 4 PM IST*
BANK NIFTY LAST SESSION OVERVIEW
- Bank Nifty closed at 47867
- The day’s high was 48076 and the low was 47806.
- 0 stocks advanced, 12 declined, and 0 remained unchanged in the Bank Nifty.
Bank Nifty Prediction for Tomorrow (Tuesday, 19 December 2023)
Our analysis indicates a bearish outlook for the Bank Nifty index tomorrow if it sustains below the resistance level 47944.
Bearish Setup & Targets
If Bank nifty sustains below the resistance level 47944, then look for bullish trade for the targets:
Bearish Targets:
First Bearish Target: 47772
Second Bearish Target: 47700
Managing BTST Positions:
If you already hold a bullish/bearish position, consider selling 50% of your holdings at first targets in either sides and trail the remaining for the next target.
HAPPY TRADING!
Also Read: Nifty Prediction for Tomorrow By Experts
