Market Prediction For Today - 10 March 2025
Market Prediction For 17 March 2025

Nifty Prediction for 17 March 2025
NIFTY opened the day in positive territory, buoyed by softer inflation numbers in US and India. However, it lost ground during the day and ended -0.33%. Except Banking, all sectoral indices were in the red. Market breadth was weak as 38 of the index stocks declined. Midcap and Smallcap stocks performed worse. Their respective indices were down ~1% for the day. Among NIFTY stocks, BEL, CIPLA, SBIN and ICICIBANK were the best performers. On the other hand, SHRIRAMFIN, HEROMOTOCO, TATAMOTORS, HDFCLIFE & INDUSINDBK were the top losers.
"Nifty Prediction for 17th March !"

NIFTY hovered near 22500 for the past five days; and showed buying support below those levels for the past two days. However, after today’s weak performance to hold that level, momentum has incrementally turned negative. Macro worries continue to have an overarching influence. Near term support and resistance levels are 24465/24269 and 25097/25293.
Bank Nifty Prediction for 17 March 2025
Bank Nifty was the only sectoral index that closed positive for the day. Surprisingly, the advance decline ratio was bearish as 7 of the index stocks declined. However, gains by heavyweights - SBIN (0.68%) and ICICIBANK(0.38%) – were the key reason behind its gains. INDUSINDBK & IDFCFIRSTB were the top losers. IDFCFIRSTB continues to decline on broker downgrades and continued worries over its financial performance. Once again, BANKNIFTY has bounced from near 48000 levels. However, unlike the recent past, the pace of bounce is moderate as RSI’s slope has not improved. Near term support and resistance levels are 47682/47448 and 48439/48673.
Intraday levels for Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY | SENSEX | BANKNIFTY | FINNIFTY | |
Support 1 | 22171 | 73094 | 47682 | 23145 |
Support 2 | 22032 | 72639 | 47448 | 23055 |
Resistance 1 | 22623 | 74564 | 48439 | 23435 |
Resistance 2 | 22763 | 75019 | 48673 | 23525 |
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5paisa Research Team
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