Tomorrow Market outlook – Monday Market Levels 2024

”Monday Market is open and Below are some levels for All Indices”.

  • MIDCPNIFTY Analysis

MIDCPNIFTY is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 12321. Fresh long position can be initiated if MIDCPNIFTY closes above 12321 levels.

The support for the MIDCPNIFTY is 12038 – 11976 – 11907 and the resistance to the up move is at 12168 – 12236 – 12299 levels.

Support and Resistance Levels:

  • Support:
    • Strong Support: 12038
    • Moderate Support: 11976
    • Weak Support: 11907
  • Resistance:
    • Strong Resistance: 12299
    • Moderate Resistance: 12236
    • Weak Resistance: 12168
  • SENSEX Analysis

SENSEX is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 78717. Fresh long position can be initiated if SENSEX closes above 78717 levels.

The support for the SENSEX is 77318 – 77056 – 76688 and the resistance to the up move is at 77949 – 78318 – 78580 levels.

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Support and Resistance Levels:

  • Support:
    • Strong Support: 77,318
    • Moderate Support: 77,056
    • Weak Support: 76,688
  • Resistance:
    • Strong Resistance: 78,580
    • Moderate Resistance: 78,318
    • Weak Resistance: 77,949

  • NIFTY Analysis

NIFTY is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 23882. Fresh long position can be initiated if NIFTY closes above 23882 levels.

The support for the NIFTY is 23453 – 23373 – 23261 and the resistance to the up move is at 23644 – 23756 – 23836 levels.

Support:

  • Strong Support: 23,453
  • Moderate Support: 23,373
  • Weak Support: 23,261

Resistance:

  • Strong Resistance: 23,836
  • Moderate Resistance: 23,756
  • Weak Resistance: 23,644

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  • Banknifty Analysis

Banknifty is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 51075. Fresh long position can be initiated if Banknifty closes above 51075 levels.

The support for the Banknifty is 49892 – 49604 – 49270 and the resistance to the up move is at 50514 – 50849 – 51137 levels.

Support:

  • Strong Support: 49,892
  • Moderate Support: 49,604
  • Weak Support: 49,270

Resistance:

  • Strong Resistance: 51,137
  • Moderate Resistance: 50,849
  • Weak Resistance: 50,514

  • FINNIFTY Analysis

FINNIFTY is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 23613. Fresh long position can be initiated if FINNIFTY closes above 23613 levels.

The support for the FINNIFTY is 23072 – 22943 – 22796 and the resistance to the up move is at 23347 – 23494 – 23623 levels.

Support:

  • Strong Support: 23,072
  • Moderate Support: 22,943
  • Weak Support: 22,796

Resistance:

  • Strong Resistance: 23,623
  • Moderate Resistance: 23,494
  • Weak Resistance: 23,347


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