11th Jan 2024 Stock Market Prediction for Nifty & Bank Nifty

NIFTY Prediction

Nifty experienced another day of volatility with significant fluctuations, but ultimately, the Bulls successfully maintained support, leading to a positive closure with an approximately 80-point gain. Looking ahead, the initial resistance is around 21680 – 21700, while the immediate support is positioned at 21500.

BANK NIFTY Prediction

Bank Nifty started the day with a gap down opening but showed resilience as it did not witness sustained selling pressure. On the contrary, it attracted buying interest from the support zone of 46900 – 47000, leading to a positive closure. Looking forward, we anticipate the Bank Nifty to maintain its positive momentum. The initial resistance levels are positioned at 47400 – 47500, with the support zone at 47300 – 47200.

Stock Prediction for 11 Jan 2024

STOCK Good Above Weak Below
BALKRISIND 2652 2626
BAJFINANCE 7700 7656
TATACOMM 1725 1702
VOLTAS 1015 1000

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