13th Feb 2024 | NIFTY is in correction



NIFTY Prediction

The trading session saw Nifty opening without much change and maintaining a sideways movement throughout. If it convincingly breaches the support level at 21,600, the trend might weaken, potentially leading to a correction towards 21,500. Conversely, surpassing the resistance at 21,960 could signal a recovery in the short term.

BANK NIFTY Prediction

Bank Nifty index saw persistent bearish control, with evident rejection at higher levels. Closing below the short-term support of 45000 signaled bearish sentiment.

Immediate resistance is at 46000, with a breakthrough possibly leading to short-covering towards 47000. Immediate support stands at 44000, and breaking this level could increase selling pressure towards 43000.

Stock Prediction for 13th Feb 2024

STOCK Good Above Weak Below
GODREJPROP 2280 2256
MARUTI 10760 10660
METROPOLIS 1681 1650
TVSMOTOR 2048 2025

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