In today’s stock market, Markets surge across the board; Nifty closes over 24,200 while Sensex adds 1,264 points.
Stock Market Nifty Chart Prediction
On April 15, The Sensex was up 1,263.67 points or 1.64 percent at 78,111.24, and the Nifty was up 388.65 points or 1.63 percent at 24,231.30.
Top Nifty gainers: Interglobe Aviation, Max Healthcare, Power Grid Corp, Wipro, Eternal
Top Nifty Losers : Dr Reddy’s Laboratories, Bharti Airtel, ICICI Bank.
All the sectoral indices ended in the green with Capital Goods, Oil & Gas, Power, Infra, Media, Realty, Consumer Durables, IT rise 2% each.
Nifty Midcap and Smallcap indices up more than 2% each.
Best Stocks of the day according to AI (Delta Dash)
Worst Stocks of the day according to AI (Delta Dash)
Stock Prediction for 16th April 2026
| STOCK | Good Above | Weak Below |
| HAL | 4260 | 4220 |
| JSWENERGY | 530 | 524 |
| MCX | 2875 | 2845 |
| SBIN | 1075 | 1065 |
Prediction for Wednesday NIFTY can go up if it goes above 24,400 or down after the level of 24,000, but it also depends upon the Global cues.
Nifty is showing a mild recovery after recent selling pressure, with price stabilizing near the 24,000 zone and attempting a gradual upside. The index is currently holding above the important support range of 24,000–23,500, which will act as a crucial demand zone for the short term. As long as this support holds, the market can continue its pullback move and attempt to move higher towards the resistance band of 24,400–25,000.
On the upside, a sustained breakout above 24,400 could strengthen bullish momentum and open the path for a move towards 25,000 in the near term. However, if Nifty fails to hold above 24,000, selling pressure may re-emerge and drag the index towards 23,500 levels. Overall, the structure indicates a cautious recovery within a broader range, where traders should watch for confirmation near resistance before expecting a stronger uptrend.
| Highest Call Writing at | 24,400 (85.0 Lk) |
| Highest Put Writing at | 24,000 (48.3 Lk) |
Nifty Support and Resistance
| Support | 24,000–23,500 |
| Resistance | 24,400–25,000 |
Bank Nifty Daily Chart Prediction
Prediction For Wednesday BANKNIFTY can go up if it goes above 58,000 or down after the level of 55,000, but it also depends upon the Global cues.
Bank Nifty is currently trading in a consolidation phase after a recent recovery, with price action showing some hesitation near mid-range levels. The index is holding above the crucial support zone of 55,000–54,000, which will be key to maintaining the short-term bullish structure. If this support area continues to hold, a gradual upside move towards the resistance band of 58,000–59,000 can be expected, with buying likely to emerge on dips.
On the downside, a breakdown below 55,000 could weaken momentum and trigger fresh selling pressure, potentially dragging the index towards the 54,000 level. On the upside, a decisive breakout above 58,000 would signal strength and may open the path for a move towards 59,000 in the near term. Overall, BankNifty remains range-bound with a slight positive bias, but confirmation will depend on how it reacts around key support and resistance levels.
| Highest Call Writing at | 58,000 (7.9 Lk) |
| Highest Put Writing at | 55,000 (7.5 Lk) |
Bank Nifty Support and Resistance
| Support | 55,000–54,000 |
| Resistance | 58,000–59,000 |
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