Market Prediction For Tomorrow 25 March 2025
Nifty Prediction For Today - 6 March 2025

Nifty Prediction for Today
NIFTY halted a 10-day losing streak and rallied more than 1% to inch closer to 22500 levels. All the sectoral indices were in the green. IT, Metals, Auto, Energy and Realty indices were up more than 2%. Unsurprisingly, market breadth was positive with only 4 of the NIFTY stocks being in the red (BAJAJFINANCE, INDUSINDBK, HDFCBANK, SHRIRAMFIN). News flow related to RBI clamping down on line of credit (given by large NBFCs) has likely impacted BAJAJFINANCE and SHRIRAMFIN. On the other hand, ADANI group stocks were among the best performers in NIFTY (ADANIPORTS & ADANIENT were up 4-5%). Positive news flow related to capital raises and regulatory approvals likely led to the strong gains in ADANI group stocks.

RSI was at oversold levels and supported today’s sharp rally. RSI is heading back towards 40 levels. However, today’s rally and two consecutive days of close being higher than open suggests that buying support is emerging. Unless there is renewed selling pressure from FIIs or due to global macroeconomic issues, NIFTY can witness consolidation with upwards bias. Near term support and resistance levels are 22037/21852 and 22637/22823.
"NIFTY stages a comeback. Midcaps rally sharply."
Bank Nifty Prediction for Today
On a strong performance from PSUs, BANK NIFTY gained for the 2nd consecutive day. BANKBARODA, CANBK and PNB were the top gainers. On the other hand, HDFCBANK and INDUSINDBK lagged, falling 1% and 1.5% respectively. Momentum is improving for BANKNIFTY as it heads towards breaching the medium term declining trendline. Near term support and resistance levels are 47728/48019 and 48961/49252.
Intraday levels for Nifty, Bank Nifty Levels and FINNIFTY Levels:
NIFTY | SENSEX | BANKNIFTY | FINNIFTY | |
Support 1 | 22037 | 72755 | 48019 | 22895 |
Support 2 | 21852 | 72152 | 47728 | 22799 |
Resistance 1 | 22637 | 74705 | 48961 | 23206 |
Resistance 2 | 22823 | 75308 | 49252 | 23302 |
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5paisa Research Team
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