Nifty and Financial institution Nifty Prediction for the week 10 Jun’24 to 14 Jun’24 by BL GURU

Nifty has made a robust restoration after witnessing a steep fall on Tuesday. On the charts, there may be room for extra rise from right here. The US Federal Reserve assembly (#fedmeeting) on Wednesday might be an essential occasion to look at this week. The result of this occasion would possibly trigger some volatility.

#Nifty has helps at 22,800 and 22,400. The outlook is bullish to see an increase to 23,750 and 24,000. After this rise there’s a chance of a corrective dip to 23,500.

#NiftyBank index can rise to 50,500 and 51,500. Help is round 48,100

The #DowJones has an important resistance at 39,200. It has to interrupt this resistance to see an increase to 40,000-40,200. Else the #DowJones can fall again to 38,000. The #Fedmeeting end result this week on Wednesday is essential to look at. 

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