Nifty50, #banknifty and the #dowjones have closed on a robust word for the 12 months 2023. Nonetheless, key resistances are arising which is able to want an in depth watch. As such, 2024 would possibly start on a sluggish word. There may be not a lot room left on the upside for the #Nifty and #Financial institution Nifty to rise from right here. Resistances are coming as much as halt the present rally.
#nifty has resistance at 21,850 and 22,200. #nifty50 can see a corrective fall 21,000 and even decrease from both of those two resistances.
#niftybank index has resistances at 48,800 and 50,200. A corrective fall to 47,000-46,500 will be seen from there.
#Dowjones can dip to 37,000-36,800 after which see a contemporary rise to 38,000-38,500.
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