Today’s Analysis for Nifty and Bank nifty Index

11 June 2024

Today’s prediction for Nifty and Bank Nifty,

Nifty 50: The Nifty index recently reached an all-time high of approximately 23,411, but did not surpass that level yesterday, closing 30 points lower. There is strong support at 23,200 and 23,000, while strong resistance levels are at 23,300, 23,400, and 23,500. The market is likely to remain within this range.

Bank Nifty: The Bank Nifty index faces strong resistance at 50,000, which may cause the market to decline slightly. Today, a downward movement can be expected.