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30-12-2024 09:10 AM | Source: Motilal Oswal Wealth Management
BSE BANKEX & NIFTY Midcap Select : Weekly Expiry by Motilal Oswal Wealth Management

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Nifty Technical Outlook

NIFTY (CMP : 23813)

Nifty immediate support is at 23650 then 23500 zones while resistance at 23950 then 24100 zones. Now it has to hold above 23800 zones for a bounce towards 23950 then 24100 zones whereas supports are seen at 23650 then 23500 zones

 

BANK NIFTY (CMP : 51311)

Bank Nifty support is at 51000 then 50750 zones while resistance at 51500 then 51750 zones. Now it has to hold above 51250 zones for a bounce towards 51500 then 51750 levels while a hold below the same could see some weakness towards 51000 then 50750 zones

 

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