In today’s stock market, the downtrend persists as Nifty slips below 23,600 and Sensex plunges 984 points.
Stock Market Nifty Chart Prediction
On November 13, the Sensex fell by 984.23 points, closing at 77,690.95, while the Nifty dropped 324.50 points, settling at 23,559. Of the total shares, 628 advanced, 3,180 declined, and 92 remained unchanged.
Top Nifty gainers: NTPC, Britannia Industries, HUL, Tata Motors.
Top Nifty Losers: Hero MotoCorp, Hindalco, Tata Steel, M&M, Eicher Motors
All sectoral indices closed in the red, with auto, capital goods, metal, realty, PSU Bank, power, and media sectors falling by 2-3 percent.
The BSE Midcap index declined by 2.5 percent, while the Smallcap index fell by 3 percent.
Stock Prediction for 14th Nov 2024.
| STOCK | Good Above | Weak Below |
| GRASIM | 2540 | 2518 |
| SBICARD | 690 | 682 |
| TRENT | 6561 | 6484 |
| WIPRO | 570 | 564 |
Prediction for Thursday NIFTY can go up if it goes above 24,000 or down after the level of 23,600, but it all depends upon the Global cues.
On November 13, the Sensex and Nifty closed sharply lower, recording their fifth consecutive day of losses. Inflation worries and a sell-off in metal stocks dampened market sentiment. The Nifty has now fallen nearly 10 percent from its peak. Immediate support is seen between 23,600 and 23,300, while resistance is anticipated in the 24,000 to 24,250 range.
| Highest Call Writing at | 24,000 (1.1 crore) |
| Highest Put Writing at | 23,600 (83.4 Lakhs) |
Nifty Support and Resistance
| Support | 23,600 and 23,300 |
| Resistance | 24,000 to 24,250 |
Bank Nifty Daily Chart Prediction
Prediction For Thursday, Bank NIFTY can go up if it goes above 51,500 or down after the level of 50,100, but it all depends upon the Global cues.
After a flat start, Bank Nifty gradually declined, slipping below the 50,000 support level to close in the red. On the upside, resistance is expected between 51,500 and 52,000, while support on the downside is seen between 50,100 and 49,500.
| Highest Call Writing at | 51,500 (77.8 Lakh) |
| Highest Put Writing at | 50,100 (41.7 Lakh) |
Bank Nifty Support and Resistance
| Support | 50,100 and 49,500 |
| Resistance | 51,500 and 52,000 |
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