Market Prediction For Tomorrow 19 March 2025
Nifty Prediction For Today - 07 February 2025

Nifty Prediction for Today - 07 February 2025
Ahead of RBI’s MPC meeting, NIFTY closed down 0.4%. TRENT was the top loser and was down 8% after delivering inline earnings. Some of the recent performers ONGC and BEL also gave up their gains and figured among the top losers. On the other hand, CIPLA, ADANIPORTS and ITCHOTELS were the top gainers. ADR was moderately bearish with 30 stocks in the red.

MPC meeting and commentary on rate cuts remains the key for near term performance. Technically, NIFTY continues to be in a bullish momentum zone, after having broken through the medium term declining trendline. Near term support and resistance levels are 23371/23226 and 23836/23980.
"A Weak Session Ahead Of MPC Meeting"
Bank Nifty Prediction for Today- 07 February 2025
Bank Nifty was among the rare indices that closed in the green today. SBIN slumped 1.6% on poor earnings, weighing on the index. Most other banks saw minor movements. Overall, a lackluster session. RBI’s MPC meeting remains the key for near term. Near term support and resistance levels are 49743/49347 and 51021/51417.
Intraday levels for Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY | SENSEX | BANKNIFTY | FINNIFTY | |
Support 1 | 23371 | 77258 | 49743 | 23327 |
Support 2 | 23226 | 76763 | 49347 | 23120 |
Resistance 1 | 23836 | 78858 | 51021 | 23994 |
Resistance 2 | 23980 | 79354 | 51417 | 24200 |
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