Tomorrow’s Market Prediction (December 14, 2023):
Overall Sentiment:
- The market is expected to remain positive tomorrow.
- The upward momentum from today’s rally is likely to continue.
- However, there may be some volatility due to profit booking and geopolitical factors.
Specific Predictions:
- Sensex: Support at 69,319 – 69,086 – 68,729. Resistance at 69,909 – 70,266 – 70,498.
- Nifty: Support at 20,836 – 20,766 – 20,666. Resistance at 21,007 – 21,108 – 21,178.
- Bank Nifty: Support at 46,916 – 46,735 – 46,466. Resistance at 47,366 – 47,635 – 47,816.
- Midcap and smallcap indices: Expected to perform well in line with the broader market.
- Sectoral outlook: Banking, FMCG, and realty are likely to remain positive.
Key factors to watch:
- Global market cues
- FII and DII activity
- Crude oil prices
- Any major news or events
Disclaimer: This information is based on technical analysis and expert opinions. It is not a guarantee of future performance.
