Nifty Prediction For Tomorrow - 12 February 2025
Nifty Prediction For Today - 17 January 2025


Last Updated: 17th January 2025 - 11:01 am
Nifty Prediction for Today - 17 January 2025
NIFTY saw a moderately strong rally today, driven by Insurance majors. HDFCLIFE led the charge with a 7.9% surge. Also, ADANI group stocks had another good day. On the other hand, Consumer Services and IT lagged. Notably, INFY, HCLTECH, TRENT, TATACONSUM & DRREDDY underperformed. Advance-decline ratio was a healthy 1.9 and reflects broad-based buying.
The gap up opening and consolidation closer to top end of the daily trading range were key positives. Tomorrow’s moves will be dominated by reaction to earnings of RELIANCE, INFY and AXISBANK. RSI has come off oversold levels but continues to be supportive of modest pullbacks. Near term support and resistance levels are 23033/22861 and 23590/23762.
“3rd consecutive day of gains”
Bank Nifty Prediction Today - 17 January 2025
BANKNIFTY saw a positive session. PSU banks rallied and all the index stocks closed in the green. Strong performances were witnessed from BANKBARODA & CANBK (+3%). HDFCBANK's more modest gain (+0.5%) tempered the overall advance. Today’s rally takes BANKNIFTY’s overall gain to 1000 points from the recent bottom. Near term support and resistance levels are 48315/47720 and 50242/50838.
Intraday levels for Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY | SENSEX | BANKNIFTY | FINNIFTY | |
Support 1 | 23033 | 76141 | 48315 | 22545 |
Support 2 | 22861 | 75582 | 47720 | 22298 |
Resistance 1 | 23590 | 77945 | 50242 | 23342 |
Resistance 2 | 23762 | 78503 | 50838 | 23589 |
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