Market Prediction Today (3rd March 2026)

Nifty Prediction Today

Today, Nifty prediction suggests a sideways range between 24300 and 24650, with strong support at 24300-24350 and resistance at 24600-24650. Traders should monitor these crucial levels closely for potential market shifts.

Nifty Support and Resistance Level

• Nifty Support: 24300-24350
• Nifty Resistance: 24600-24650
• BIAS: Bearish

Today Nifty Prediction

Indian equity benchmarks ended sharply lower on March 4, 2026, as persistent volatility dampened investor confidence. The BSE Sensex declined 1,122.66 points, or 1.40%, to close at 79,116.19. Similarly, the NIFTY 50 fell 385.20 points (1.55%) to settle at 24,480.50. The NIFTY Bank also faced strong selling pressure, dropping 1,084.40 points (1.81%) to finish at 58,755.25.

The Nifty 50 witnessed intense selling on the first half of the session. It opened with a substantial gap-down of nearly 480 points and extended losses to touch an intraday low of 24,305.40. In the latter half of the day, however, the index recovered partially, climbing to 24,602.45 before finally closing at 24,480.50. Technically, the 24,300–24,350 zone is likely to serve as a key support area, while immediate resistance is positioned in the 24,600–24,650 range. The Relative Strength Index (RSI), currently at 30.37 and below the neutral midpoint, indicates prevailing weakness in momentum.

Bank Nifty Prediction Today

Today, Bank Nifty prediction suggests a sideways range between 59000 and 59100, with strong support at 59000-59100 and resistance at 59000-59100. Traders should monitor these crucial levels closely for potential market shifts.

Bank Nifty Support And Resistance

• Bank Nifty Support: 59000-59100
• Bank Nifty Resistance: 59000-59100
• BIAS: Bearish

Bank Nifty Today Prediction

Bank Nifty began the session on a weak note, slipping to 58,393 in early trade before rebounding to an intraday high of 59,058.40. Although it recovered from the day’s low, the index ultimately closed at 58,755.25, suggesting selective buying interest at lower levels. From a technical perspective, resistance is seen between 59,000 and 59,100, whereas support is placed in the 58,400–58,500 zone. The RSI reading of 48.11 points to neutral momentum with a slight bearish bias.

SENSEX Prediction Today

The SENSEX today prediction is projected to move in a sideways range, between 78600 and 79700. Key support is expected around 78600-78700, while resistance is likely near 79600-79700. Traders should monitor these crucial levels closely, as a breakout in either direction could signal a significant market move.

• SENSEX Support: 78600-78700
• SENSEX Resistance: 79600-79700
• BIAS: Bearish

Today SENSEX Market Prediction By Expiry

On 2nd March 2026, the BSE Sensex closed sharply lower at approximately 80,239, plunging nearly 1,048 points (−1.29%), as Indian equities came under intense selling pressure amid escalating geopolitical tensions in the Middle East. The sharp downturn followed U.S. and Israeli military strikes on Iran, which raised concerns of a prolonged regional conflict, triggered a spike in crude oil prices, and prompted a broad global risk-off shift in investor sentiment. Elevated oil prices further weighed on domestic markets given India’s import dependence, intensifying pressure across financials, autos and rate-sensitive sectors. The Nifty50 also ended notably lower around 24,866, reflecting widespread weakness and negative market breadth across segments.

On the technical front, the index traded below key intermediate levels throughout the session and settled 1,048 points lower, reflecting pronounced bearish momentum and elevated volatility. The 78,800–79,000 zone now stands as a critical demand pocket where dip-buying interest may emerge if weakness persists, while the 80,000–80,200 range acts as the immediate resistance band, where any rebound attempt is likely to face supply pressure and profit booking.

Market Bias: Following the decisive breakdown and widespread selling pressure, the near-term outlook remains cautious to bearish. Any relief rally is likely to encounter immediate resistance around the 80,000–80,200 zone, unless fresh positive catalysts emerge to counterbalance elevated geopolitical tensions and prevailing global uncertainty.

Indian VIX Prediction For Today

Market volatility surged notably, with the India VIX jumping 23.41% to 21.14, reflecting heightened uncertainty and nervousness among market participants. In the derivatives space, substantial put writing at the 24,400 strike alongside aggressive call writing at the 24,600 strike signals a clearly defined near-term trading band. Given the prevailing conditions, traders are advised to exercise caution around critical support levels and refrain from initiating fresh directional bets until a decisive breakout above resistance levels is confirmed.

Prediction is given by the Technical Research Team - Choice.

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