Advance Prediction Nifty and Bank Nifty for Tomorrow

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Advance Prediction Nifty and Bank Nifty for Tomorrow 20th Aug 2020


NIFTY 50 

Today Nifty 50 closed on 11408.4 points with a total gain of approx 23 points compared to previous day close.From start of week Nifty 50 is bullish and trying to achieve new high . Today's Nifty 50 stocks performance chart;


Top Five Gainer's Are;

ZEEL, Gail, Tech Mahindra, Bharti Airtel, , & Maruti .

Top Five Loser's Are; 

Bajaj Auto, ONGC, Nestle India, Kotak Bank, & Britania.

NIFTY 50 TOMORROW

As per time cycle analysis here it is a chance that tomorrow Nifty 50 will try to gain approx. 80 to 100 points. Tomorrow Nifty 50 will perform well and it is a great chance that Nifty 50 will may cross 11500 points level. However don't forgot to check NASDAQ & SGX Nifty tomorrow along with this time cycle prediction.Here I have attached Gann chart based on Nifty 50 historical data for your better understanding;

As per Gann chart you can see that Nifty 50 will follow upward trend tomorrow . Tomorrow 11400 points will act as support for Nifty 50 .Tomorrow Nifty 50 will open green and will try to cross the level of 11500 and 11500 points will act as the strong resistance for Nifty 50 tomorrow.

NIFTY BANK 

Today bank Nifty got a gain of approx 115 points compared to previous day close and finally closed at 22285.90 points.Bank Nifty will try to sustain on the same level of 22300 tomorrow. Today's Bank Nifty stocks performance chart ;

Today's Top Gainer's Are;

PNB, RBL Federal Bank, Bank Of Baroda, RBL Bank, ICICI, & SBIN.

NIFTY BANK TOMORROW

As per time cycle analysis here it is a chance that tomorrow Bank Nifty will try to sustain at 22300 or can get a drop of approx 80 points.Here I have attached Gann chart based on Bank Nifty historical data for your better understanding;

As per Gann chart you can see that Bank Nifty next trend for tomorrow will be of drop but as per today's performance here it is a chance that bank nifty will try to sustain on same level of 22300 . Tomorrow for Bank Nifty 22300 points will act as support and tomorrow in upward movement 22450 points will be the great resistance for Bank Nifty tomorrow.






Above all prediction are based on my own thoughts,analysis, and researches. It may not be accurate as predicted.All prediction are done based on my own analysis and references are taken from time cycle and gann chart.

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