Let’s analyze the expected performance of Nifty 50 and Bank Nifty as the new trading day unfolds.
Nifty 50 Analysis: Here are the key scenarios for Nifty 50:
| Scenarios | Description | Positions to be Initiated |
|---|---|---|
| I | Nifty above 25,050 | Continuing Bullish |
| II | Nifty between 25,050 and 24,936 | Sideways |
| III | Nifty below 24,936 | Continuing Bearish |
The forecast suggests a bullish trend if Nifty 50 sustains above 25,050, sideways movement between 25,050 and 24,936, and bearish sentiment if it falls below 24,936.
Bank Nifty Analysis: For Bank Nifty, the following scenarios are key:
| Scenarios | Description | Positions to be Initiated |
|---|---|---|
| I | Bank Nifty above 51,134 | Continuing Bullish |
| II | Bank Nifty between 51,134 and 50,248 | Sideways |
| III | Bank Nifty below 50,248 | Continuing Bearish |
The outlook for Bank Nifty suggests a bullish trend if it holds above 51,134, sideways action between 51,134 and 50,248, and bearish sentiment if it slips below 50,248.
For detailed analysis, watch our latest video. Stay informed, stay vigilant, and trade wisely. 📈🧭 #TuesdayTrading #Nifty50 #BankNifty #TradeEncore
