Home » Stock Market Prediction for Nifty & Bank Nifty 11th Sept 2024.

Stock Market Prediction for Nifty & Bank Nifty 11th Sept 2024.

Stock Market Prediction for Nifty & Bank Nifty 11th Sept 2024.

In the Stock Market Today, Nifty crosses 25,000 as Sensex rises 362 points, with IT, media, and telecom sectors performing well.

Stock Market Nifty Chart Prediction.

The picture is of the Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on Sept 11, 2024.

The image displays Intraday version of the Nifty Stock Market chart, used for predicting on Sept 11, 2024
Zoomed Nifty Chart in Intraday Time Frame.

On September 10, The Sensex gained 361.75 points, reaching 81,921.29, while the Nifty increased by 104.70 points, to 25,041.10. Approximately 2,473 shares moved higher, -1,300 shares fell, and 98 remained unchanged.

Top Nifty gainers:  Divis Labs, LTIMindtree, Bharti Airtel, Wipro and HCL Tech,
Top Nifty Losers:  HDFC Life, SBI Life Insurance, Bajaj Finserv, Bajaj Finance, and Shriram Finance.

All sectoral indices, except for oil & gas, closed in positive territory. Telecom and media both saw a 2% rise, while capital goods, IT, healthcare, and power sectors each gained 1%.

BSE midcap index was up 0.5% and Smallcap index gained 1.5%

Stock Prediction for 11th Sept 2024
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Prediction For Wednesday, NIFTY can go up if it goes above 25,100 or down after the level of 24,800, but it all depends upon the Global cues.

Nifty began the day on a strong note and steadily moved upward, closing with a gain of around 105 points. The daily charts show that Nifty has rebounded from the support range of 24,800 to 24,600. On the higher side, it has now entered the 25,100 to 25,500 zone, where resistance is likely to form.

Highest Call Writing at
25,100 (64.9 Lakhs)
Highest Put Writing at
24,800 (55.2 Lakhs)

Nifty Support and Resistance

Support 24,800 and 24,600
Resistance
25,100 and 25,500

Bank Nifty Daily Chart Prediction.

The picture is of the Bank Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on Sept 11, 2024.

The image displays Intraday version of the Bank Nifty Stock Market chart, used for predicting on Sept 11, 2024

Prediction For Wednesday, Bank NIFTY can go up if it goes above 51,500 or down after the level of 51,000 but it all depends upon the Global cues.

Bank Nifty also experienced a continued pullback but is encountering resistance in the 51,500 to 52,000 range. This level will be important to break from a short-term viewpoint. On the downside, the 51,000 to 50,500 zone will act as a key support level in the short term.

Highest Call Writing at51,500 (41.2 Lakhs)
Highest Put Writing at51,000 (33.7 Lakhs)

Bank Nifty Support and Resistance

Support51,000 and 50,500
Resistance
51,500 and 52,000

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