Nifty and Financial institution Nifty Prediction for the week 01 Apr’24 to 05 Apr’24 by BL GURU

Nifty and #NiftyBank index have moved up throughout the broad vary that we had talked about final week. There may be room for each the #nifty50 and #niftybank index to maneuver additional up from right here. Nevertheless, we insist merchants to stay very cautious moderately than being overly bullish at this level of time.

#Nifty has helps at 22,165 and 21,950. Resistance is at 22,530. A break above it is going to be bullish for the #nifty50 to see 22,900 and 23,200 on the upside. Then again, break beneath 21,950 can drag the #Nifty right down to 21,700 and 21,500

#NiftyBank index has helps at 46,400 and 46,000. Resistance is at 47,400. A break above it could actually take the #niftybankindex upto 48,000. Broadly, 46,000 to 48,000 would be the buying and selling vary. A breakout on both facet of this vary will decide whether or not the #NiftyBank index will go as much as 49,000 or fall to 45,000.

#DowJones is wanting bullish. It will probably rise to 40,200 this week. A break above it could actually take the #dowjonesindex as much as 40,600 and 40,800. In case the #dowjones turns down from round 40,200, a fall to 39,500 may be seen.

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