Nifty Prediction For Tomorrow By Experts: Indian stock market witnessed a strong bullish session on 8 April 2026, supported by easing global concerns and stable domestic cues. The Nifty 50 opened with a sharp gap-up of 731.50 points at 23,855.15, driven by positive sentiment following the announcement of a temporary ceasefire in geopolitical tensions. The index remained resilient throughout the session, registering its intraday low at 23,828.50 in early trade.
Sustained buying interest across sectors propelled the index higher to an intraday high of 24,025.15. The Nifty eventually settled near its day’s high at 23,997.35, posting a strong gain of 873.70 points or 3.78% for the session.
Likewise, Sensex jumped for fifth day in a row and closed with a strong gain of 2,946.32 points or 3.95 per cent at 77,562.90.
Nifty Chart Pattern | Nifty Prediction For Tomorrow By Experts
On the daily chart, Nifty has formed a bullish Marubozu-like candlestick pattern, characterised by the opening near the day’s low and closing near the high.
Hitesh Tailor, Research Analyst - Research at Choice Equity Broking, said that the chart indicates strong buying conviction throughout the session, with minimal selling pressure.
"The formation of bullish Marubozu-like pattern reflects a decisive shift in momentum in favour of the bulls, suggesting the potential for further upside, provided follow-through buying continues in the upcoming sessions," the expert said.
Nifty Support And Resistance Levels Tomorrow | Nifty Prediction For Tomorrow By Experts
Analyst Hitesh said that Nifty has immediate support placed within 23,700-23,850. On the higher side, resistance is observed in the 24,080–24,200 zone.
Riyank Arora, Associate Vice President – HNI & Derivatives, Hedged.in, said that Nifty closed near 23,997, maintaining a firm grip above key psychological levels and reflecting strong underlying momentum. The index continues to trade in an uptrend, with immediate support placed around 23,800 – 23,600, which is likely to act as a cushion on any dips.
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"The overall tone remains positive, with a support cushion placed in the 23,400–23,600 zone. A decisive move above 24,000 could propel the index towards the 24,300–24,700 range," Ajit Mishra – SVP, Research, Religare Broking, said.
Nifty RSI Today | Nifty Prediction For Tomorrow By Experts
Nifty's Relative Strength Index (RSI) stands at 53.89, indicating a decisive move above the midpoint level of 50, which strengthens the bullish outlook and confirms improving momentum.
Nifty OI Data | Nifty Prediction For Tomorrow By Experts
In the derivatives segment, notable call writing was observed at the 24,000 and 24,200 strikes, indicating immediate resistance zones. On the put side, strong writing activity at the 24,000 and 23,800 strikes highlights a firm base for the index in the near term.
