NIFTY PREDICTION FOR TOMORROW & BANKNIFTY ANALYSIS FOR 2 APR 2025 | MARKET ANALYSIS TOMORROW

TradingView Profile - https://www.tradingview.com/u/TradeTe... Website : https://www.tradetechanalysis.com ----------------------------------------------------------------- 📉 Market Summary: Indian equity markets experienced a sharp decline on the first trading day of FY26, influenced by global trade concerns and investor caution. ⸻ 🔹 Index Performance: • Sensex: Closed at 76,024.51, down 1,390.41 points (-1.80%)  • Nifty 50: Ended at 23,165.70, down 353.65 points (-1.50%)  ⸻ 🔹 Sector Highlights: • Top Losers: • Information Technology (IT): HCL Tech declined by 4%  • Banking & Financials: Bajaj Finserv fell by 3%  • Real Estate: Sector witnessed significant selling pressure  • Notable Gainers: • Telecommunications: Vodafone Idea surged by 10% following news of increased government stake  ⸻ 🔹 Key Factors Influencing the Market: • Global Trade Tensions: Investor sentiment was dampened by concerns over potential U.S. tariffs, leading to apprehensions about a global trade war. • IT Sector Impact: Companies with substantial U.S. exposure faced selling pressure due to fears of increased tariffs affecting revenues. ⸻ 🔹 Technical Indicators: • Nifty 50: Broke below the 23,200 support level, indicating potential further downside if selling persists. • Sensex: The significant drop suggests increased volatility; traders should exercise caution in the near term. ⸻ 🧠 Investor Sentiment: The market’s downturn reflects heightened caution among investors amid escalating global trade tensions. Market participants are advised to monitor international developments closely and consider risk management strategies in their portfolios. ⸻ Note: Market conditions are dynamic. It’s essential to stay updated with the latest news and consult financial advisors before making investment decisions. ----------------------------------------------------------------------------------------------------------------------- Nifty Intraday Levels: 🔻 Support Levels: 1. 23,080 – 23,120 • Previous consolidation zone before the breakout on March 27. • Acts as a near-term demand zone and possible intraday support. 2. 22,900 – 22,950 • Strong support from March 25 structure. • If broken, downside can extend sharply toward 22,700. 🔺 Resistance Levels: 1. 23,400 – 23,450 • Today’s sharp rejection area (April 1). • Immediate resistance for any intraday recovery. 2. 23,650 – 23,700 • Swing high made on March 28–29. • Strong overhead supply zone. -------------------------------------------- Bank Nifty Intraday levels: 🔻 Support Levels: 1. 50,650 – 50,700 • Current consolidation base; also coincides with March 27 breakout zone. • Crucial short-term support – must hold for bullish bias. 2. 50,200 – 50,300 • Strong historical support zone from March 22–25. • Breakdown here could lead to a deeper retracement. 🔺 Resistance Levels: 1. 51,200 – 51,300 • Repeated rejection observed in the last few sessions. • Key level to reclaim for short-term bullish momentum. 2. 51,700 – 51,900 • Top made on March 28–29. • Likely to act as a strong supply zone unless broken with volume. 🧭 Outlook Summary for April 2, 2025: • Both Nifty and Bank Nifty are holding near crucial support zones, but today’s structure suggests trend exhaustion at higher levels. • Watch for 23,080 (Nifty) and 50,650 (Bank Nifty) — breakdown below these can invite aggressive selling. • Resistance retests near 23,400 / 51,200 could be met with selling pressure unless global sentiment supports a rebound. ---------------------------------------------------------- Nifty analysis, Bank Nifty analysis, Nifty key levels, Bank Nifty key levels, Nifty trading strategy, Bank Nifty trading strategy, Nifty support and resistance, Bank Nifty support and resistance, Nifty predictions, Bank Nifty predictions, Nifty and Bank Nifty forecast, Nifty market trends, Bank Nifty market trends, Nifty tomorrow analysis, Bank Nifty tomorrow analysis, stock market analysis, Nifty technical analysis, Bank Nifty technical analysis, Nifty trading setup, Bank Nifty trading setup, Nifty breakout levels, Bank Nifty breakout levels, Indian stock market analysis. #NiftyAnalysis #BankNiftyAnalysis #StockMarketPrediction #TradingStrategies #NiftyKeyLevels #BankNiftyKeyLevels #IndianStockMarket #MarketForecast #TechnicalAnalysis #NiftySupportAndResistance #BankNiftySupportAndResistance #DayTradingIndia #SwingTradingIndia #MarketTrends #NiftyOutlook #BankNiftyOutlook #NiftyPrediction #BankNiftyPrediction #StockMarketIndia #livemarketanalysis #sentimentcycleindicator #tradetechanalysis