🔮 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.


Comments
Post a Comment