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Nifty Tomorrow Prediction [24 Jan, 2022] for trading Nifty - Kvsm.org

Nifty tomorrow prediction for trading: 24 Jan, 2022 


23 Jan, 2022: Today Nifty opened with a gap down, and remained negative overall. Remained in the range of 17,700 and 17,500. 
In the first hour, it took that Support of 17,550 level which we told yesterday that it is strong support, it took the support of almost same level in the afternoon again but it broke with a fake breakout as we told not to short until the price broke this 17,540 level and then retesting it and again started falling, then you can short otherwise not.



24 Jan, 2022: As per technical analysis, if the market opened above 17,700 and after 1 hr it is taking support at or above the below given purple zone around 17,700 level, then we will think of buy trade and set the target to around 17,750-17,770.

But the major possibility is that Nifty may sideways on Monday and then give any move, before going up it may go down as shown below, so we can take a trade if Nifty is facing continuous resistance at 17,650 to 17,670 level, we can sell for the short move if 30 to 40 points.


Broader View of Indian stock market: Bearish


Nifty50: -0.73%
BankNifty: -0.79%
Sensex: -0.72%
All are approximately down: -0.7% 


Broader View of world stock market: Slightly Bearish

USA ( Dow Jones): -1.30%
Uk (FTSE 100): -1.94%
Germany (Dax): -1.20%
Japan (Nikki 255): -0.90%
Singapore (SGX Nifty): -0.10%
China (Shanghai): -0.91%

FII/FPI net money flow

21-01-2022 : -3148.58
20-01-2022 : -4679.84
19-01-2022 : -2704.77
18-01-2022 : -1254.95
17-01-2022 : -855.47
14-01-2022 : -1598.20
13-01-2022 : -1390.85
12-01-2022 : -1001.57
11-01-2022 : +111.91

DII net money flow

21-01-2022 : +269.36
20-01-2022 : +769.26
19-01-2022 : -195.07
18-01-2022 : -220.20
17-01-2022 : -115.31
14-01-2022 : +371.41
13-01-2022 : +1065.32
12-01-2022 : +1332.01
11-01-2022 : +378.74

Disclaimer: 
Kvsm.org has taken due care and caution to compile the data for its Website. The views and investment tips expressed on kvsm.org are their own and for educational purposes. Kvsm.org is not SEBI registered Advisor. We do not guarantee the accuracy, adequacy, or completeness of any information.
Kvsm.org is not responsible for any errors or omissions or losses or the results obtained from the use of such information.




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Nifty Tomorrow Prediction [24 Jan, 2022] for trading Nifty - Kvsm.org

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