In today’s stock market, Sensex and Nifty stayed the same, with IT and pharma sectors falling, while metal and real estate sectors saw gains.
Stock Market Nifty Chart Prediction
On February 20, Sensex fell by 203.22 points, closing at 75,735.96, while the Nifty dropped by 19.75 points, ending at 22,913.15. There were 2,570 shares that advanced, -1,223 shares that declined, and 109 shares remained unchanged.
Top Nifty gainers: Shriram Finance, NTPC, Adani Ports, M&M, Bharat Electronics.
Top Nifty Losers: HDFC Bank, Maruti Suzuki, Tech Mahindra, HCL Technologies and Tata Consumer
In terms of sectors, auto, metal, oil & gas, media, power, real estate, and PSU Bank stocks rose by 1-2 percent, while the bank index dropped by 0.5 percent.
BSE Midcap and Smallcap indices up 1 percent each.
Stock Prediction for 21st Feb 2025
| STOCK | Good Above | Weak Below |
| ADANIPORTS | 1115 | 1105 |
| BEL | 262 | 258 |
| PIDILITIND | 2836 | 2805 |
| TATAPOWER | 361 | 356 |
Prediction for Friday NIFTY can go up if it goes above 23,050 or down after the level of 22,815, but it all depends upon the Global cues.
NIFTY is currently in a downtrend. If you have short positions, continue holding them with a daily closing stoploss at 23,131. You can start a fresh long position if NIFTY closes above 23,131. Resistance is between 23,050 and 23,168, while support is between 22,815 and 22,697.
| Highest Call Writing at | 23,050 (99.5 Lk) |
| Highest Put Writing at | 22,815 (2.1 cr) |
Nifty Support and Resistance
| Support | 22,815 and 22,697 |
| Resistance | 23,050 and 23,168 |
Bank Nifty Daily Chart Prediction
Prediction For Friday, Bank NIFTY can go up if it goes above 49,864 or down after the level of 49,040, but it all depends upon the Global cues.
Bank Nifty is in a downtrend. If you have short positions, keep holding with a stoploss at 49,645. You can take a long position if it closes above 49,645. Resistance is between 49,864 and 50,158, while support is between 49,040 and 48,510.
| Highest Call Writing at | 49,864 (22.9 Lakh) |
| Highest Put Writing at | 49,040 (16.7 Lakh) |
Bank Nifty Support and Resistance
| Support | 49,040 and 48,510 |
| Resistance | 49,864 and 50,158 |
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