Monday Market Prediction

Monday Market Prediction Nifty (20th January 2025)

The Nifty index is showing a sideways trend this Monday, oscillating between 23050 and 23350. Key support is observed in the 23100 and 23050 range, while resistance lies between 23300 and 23350. A breakout above this resistance zone could pave the way for further upward movement. Traders are advised to keep a close eye on these critical levels for potential changes in market dynamics.

Bank Nifty Market Prediction For Monday (20th January 2025)

The Bank Nifty index is exhibiting a sideways trend, fluctuating from 48250 and 48850. A solid support zone is established between 48300 and 48250, while resistance is positioned between 48800 and 48850. A breakout above the resistance level may initiate further upward movement. Traders should carefully observe these key levels for potential shifts in market direction.

Prediction is given by Technical Research Team - Choice

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