Welcome to our comprehensive Nifty prediction for tomorrow. In this post, we provide you with expert analysis and insights into what you can expect in the Nifty index for the upcoming trading day. Our predictions are based on technical and data analysis, helping you make informed decisions in the stock market.
Understanding the Nifty’s potential movements is crucial for traders and investors. Accurate predictions can help you seize opportunities and mitigate risks in the dynamic world of stock trading. Our team of experts have prepared Nifty Prediction for Tomorrow as below:
Note: The Levels and Predictions given below are updated daily after 4 PM IST*
NIFTY LAST SESSION OVERVIEW
- Nifty closed at 21418
- The day’s high was 21482 and the low was 21365.
- 16 stocks advanced, 34 declined, and 0 remained unchanged in the Nifty 50.
Nifty Prediction For Tomorrow, (Tuesday, 19 December 2023)
Our analysis indicates a Bearish Trend for the Nifty index tomorrow, provided it remains below the crucial resistance level of 21447. Here are the key points to consider:
Bearish Targets:
First Bullish Target: 21365
Second Bearish Target: 21333
Consider entering a bearish trade at 20409 if the market conditions remain favourable.
Managing BTST Positions:
If you already hold a bearish position, consider selling 50% of your holdings at 21365 and trail the remaining for the next target.
HAPPY TRADING!
