Home » Stock Market Prediction for Nifty & Bank Nifty 17th April 2026

Stock Market Prediction for Nifty & Bank Nifty 17th April 2026

In today’s stock market, Volatile session ends slightly negative as markets slip 0.1%; IT and metals outperform.

Stock Market Nifty Chart Prediction

On April 15, the Sensex was down 122.56 points at 77,988.68, and the Nifty was down 34.55 points at 24,196.75. About 2688 shares advanced, 1468 shares declined, and 128 shares unchanged.

Top Nifty gainers: Hindalco Industries, Trent, Adani Enterprises, Adani Ports and Eternal
Top Nifty Losers : HDFC Bank, ONGC, HDFC Life, Titan Company, Apollo Hospitals.

Among sectors, IT, capital goods and metal indices gained 1% each, while auto, bank, oil & gas ended lower.

Nifty Midcap index rose 0.6% and smallcap index added nearly 1%.

Best Stocks of the day according to AI (Delta Dash)

Worst Stocks of the day according to AI (Delta Dash)

Stock Prediction for 17th April 2026

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 steady recovery after recent weakness, and importantly, it is holding above the key support zone of 24,000–23,500, which signals buying interest at lower levels. Moreover, as long as the index sustains above this range, the short-term bias is likely to remain positive. On the upside, however, the resistance zone of 24,400–25,000 will be crucial, and therefore, a strong breakout above 24,400 can trigger further bullish momentum. Meanwhile, if the index faces rejection near resistance, then some consolidation may continue before the next move. Hence, traders should stay watchful, and at the same time, focus on price action around these key levels for confirmation.

Highest Call Writing at
24,400 (98.3 Lk)
Highest Put Writing at
24,000 (53.0 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 57,000 or down after the level of 55,000, but it also depends upon the Global cues.

Bank Nifty is currently showing a gradual recovery, and notably, it is holding above the crucial support zone of 55,000–54,000, which indicates underlying buying interest. Moreover, as long as this support range remains intact, the index is likely to sustain its positive bias in the short term. On the upside, however, the resistance zone of 57,000–58,000 will be important to watch, because any strong breakout above this range could trigger fresh bullish momentum. Meanwhile, if the index faces rejection near resistance, then some consolidation or mild pullback cannot be ruled out. Therefore, traders should stay cautious, and at the same time, focus on price action near key levels for better confirmation.

Highest Call Writing at57,000 (8.4 Lk)
Highest Put Writing at55,000 (8.0 Lk)

Bank Nifty Support and Resistance

Support55,000–54,000
Resistance
57,000–58,000

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