Advance Prediction Nifty and Bank Nifty for Tomorrow 24th Aug 2020
NIFTY 50
On Friday Nifty 50 closed on 11371.60 points with a total gain of approx 60 points compared to previous day close.Complete week Nifty 50 was fighting to achieve the level of 11400 point . On Friday Nifty 50 stocks performance chart;
Top Five Gainer's Are;
NTPC, Powergrid, , Asian Paints, HDFC Bank, & Hero Motor.
Top Five Loser's Are;
Zeel , Hindalco, Bharti airtel, ONGC, & Tata Steel.
NIFTY 50 TOMORROW
As per time cycle analysis here it is a chance that tomorrow Nifty 50 will try to gain approx. 41 points. Tomorrow Nifty 50 will perform well and will try to maintain the level of 11350 and also here it is a great chance that Nifty 50 may cross 11400 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 11350 points will act as support for Nifty 50 .Tomorrow Nifty 50 will open red but may cross the level of 11400 and 11400 points will act as the resistance for Nifty 50 tomorrow. Tomorrow Nifty 50 will range between 11350 to 11400
NIFTY BANK
On Friday bank Nifty got gain of approx 300 points compared to previous day close and finally closed at 22299.60 points.Bank Nifty will also try to perform well like nifty 50 tomorrow. Bank Nifty stocks performance chart on Friday;
On Friday Top Five Gainer's Are;
HDFC Bank, Federal Bank, PNB, Bank Of Baroda, & SBIN.
NIFTY BANK TOMORROW
As per time cycle analysis here it is a chance that tomorrow Bank Nifty will try to gain approx 140 points. Tomorrow Bank Nifty will try to cross the level of 22450 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 gain . Tomorrow for Bank Nifty 22200 points will act as support and tomorrow it is very less chance that Bank Nifty will go down below 22200 and it will try to achieve the level of 22450 points and 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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