Welcome to Niftypredicationtoday.com. In this article we will discuss Nifty, Banknifty, Dow Jones, Nasdaq, Nikkei, Gift Nifty, Gold & Silver and its complete analysis on the basis of technical indicator and will find out next levels for movement on 24.01.2024. We hope this post will help you for trading on 24.01.2024 as correct levels helps the trading and investing in Stock Market.
Nifty Predication
Nifty today lost 333 Points as fall of 1.54% and closed on 21238. HDFC bank led to fall of financial sector and Zeel crashed about 32% after merging with Sony India. Market was heavy selling pressure by FII as sold net value of Rs. 3115.39 Crores. Nifty break its important support level and now in bearish zone on daily Candle until reclaim 22300. Nifty Important Resistance on Indrady basis – 21436-21529-21614, Support 21000- 20870
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Banknifty Predication
Banknifty lost today 1043 points as fall of 2.26%. Banknifty lost about 3366 points and fall of about 7% in lat 5 days, which commenting after result of HDFC Bank, whereas HDFC Stock fell 8 % which effect the whole market as stock has about 13% weightage in Index of Nifty. Now below 45000 banknifty is expected to more fall about 500-600 points till his support about 44425. Banknifty resistance for intraday – 45560-45830-46119 and support 44425-44085.
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Dow Jones prediction
The Dow Jones Industrial down about 172 as fall of 0.45% after touch of new lifetime high, as profit booking is expected. Overall trand of Dow Jones is Bullish and trading on support apporx 37800. Dow Jones Intraday suuport-37800-37728-37502. Above 38150 may only plan for long position. Short below 37500.
Also read:- https://niftypredictiontoday.com/iex-share-price-target-202420252050/
NASDAQ Prediction
The Nasdaq trading about in range of last closing as fall about 20 points after touch of new life time high. This area is profit booking zone and above 15450 may be fresh long position. Nasdaq intraday support 15270-15220-15155 and resistance is 15450.
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NIKKEI Prediction
Nikkei fell from his High of 300 Points as 0.75%. Bank of Japan concluded of two day policy meeting and declared no changes its general policy. The Bank of Japan has a 2% inflation target in the nation CPI since 2013. Whole Japanese Shares closed flat to Negative as investor sell off after the Bank of Japan maintained interest rates. Nekkei resistance is 36559-3675936894 on Intraday basis. Support 36200- 35464.
Gifty Nifty Prediction
Gifty Nifty lost 370 points as fell of 1.71% and up of 40+ points after closed of Indian Market. It is expected Nifty 50 may some gap or flat opening on 24.01.2024.
Gold Prediction
Gold trading in range of last 3 weeks as US rate exceptions shows six quarter-points cuts. The Yield also raised of 4.14% highlighting the tempering of rate cuts by next weeks’s FOMC meeting. The Gold is range and likely to be remain here until the data releases. Gold below 61900 and thereafter 61750 may be more fell and above 62730 may be fresh movement.
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Silver Prediction
Silver is trading on 70909 and its chart is remain week going down side by lower highs and lows. Silver is not bullish till cross of 74633 level and below 70636 may be fell more down side.
(Disclaimer- this information is only for education purpose , please consult your financial advisor to take any trade)
