🔮 Nifty 50 & Bank Nifty Prediction for April 7, 2025 – Technical Analysis, Support & Resistance

 


🔮 Nifty 50 & Bank Nifty Prediction for April 7, 2025 – Technical Analysis, Support & Resistance

📊 Market Overview

As per the latest stock market closing on April 4, 2025:

  • Nifty 50 closed at 22,904.45, dropping by -1.49%.

  • Bank Nifty closed at 51,502.70, down by -0.18%.

The Indian stock market ended the week with bearish pressure, influenced by global cues and caution ahead of key economic releases.


📈 Nifty 50 Forecast – 07 April 2025

✅ Key Technical Levels:

  • Support: 22,800 / 22,650

  • Resistance: 23,050 / 23,200

⚙️ Technical Indicators:

  • RSI: 45 – Mildly bearish

  • MACD: Below the signal line – Selling pressure persists

  • 50-day EMA: Nifty is trading below – Trend weakness visible

🔎 Trading Outlook:

If Nifty 50 breaks below 22,800, we may see a slide toward 22,650.
On the upside, a move above 23,050 may trigger momentum toward 23,200.


🏦 Bank Nifty Forecast – 07 April 2025

✅ Key Technical Levels:

  • Support: 51,200 / 50,900

  • Resistance: 51,800 / 52,000

⚙️ Technical Indicators:

  • RSI: Near 50 – Neutral zone

  • MACD: Flat – No strong trend confirmation

  • 50-day EMA: Price near moving average – Uncertainty continues

🔎 Trading Outlook:

A drop below 51,200 could trigger further weakness to 50,900.
Sustaining above 51,800 may lift the index to 52,000.



 


🌐 Market Sentiment

  • Global Influence: Weakness due to trade concerns and tech sector volatility.

  • Domestic Outlook: Investors are eyeing inflation and interest rate commentary this week.


✅ Final Note

📌 The market remains volatile and uncertain. Use proper stop-loss and risk management strategies before entering trades.
📌 These predictions are based on technical tools like RSI, MACD, trendlines, and EMA levels – but always verify with real-time data before investing.


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