Home » Stock Market Prediction for Nifty & Bank Nifty 18th March 2025

Stock Market Prediction for Nifty & Bank Nifty 18th March 2025

In today’s stock market, Sensex rises by 341 points, while Nifty trades above 22,500; auto, pharma, and metal stocks lead the gains.

Stock Market Nifty Chart Prediction

On March 17, Sensex was up 341.04 points at 74,169.95, and the Nifty was up 111.55 points at 22,508.75. About 1541 shares advanced, -2403 shares declined, and 115 shares unchanged.

Top Nifty gainers: Bajaj Finserv, SBI Life Insurance, Dr Reddy’s Labs, Trent, Axis Bank
Top Nifty Losers: Britannia, Hero MotoCorp, Wipro, BPCL, ITC.

In the sectoral market, auto, banking, metal, power, and pharma sectors saw gains of 0.5% to 1.5%, while media and realty declined by 0.5% each.

BSE Midcap index up 0.7% & smallcap index ended on flat note.

Stock Prediction for 18th March 2025

Prediction for Tuesday NIFTY can go up if it goes above 22,600 or down after the level of 22,500, but it all depends upon the Global cues.

Nifty moved sideways for most of the day but closed with gains. On the hourly chart, it broke out of a symmetrical triangle, showing a positive trend in the short term. Resistance is between 22,600 and 23,000, while support is around 22,500 to 22,000.

Highest Call Writing at
22,600 (89.4 Lakhs)
Highest Put Writing at
22,500 (89.0 Lakhs)

Nifty Support and Resistance

Support 22,500 and 22,000
Resistance
22,600 – 23,000

Bank Nifty Daily Chart Prediction

Prediction For Tuesday, Bank NIFTY can go up if it goes above 48,500 or down after the level of 48,000, but it all depends upon the Global cues.

Bank Nifty ended the day with a gain of 286.9 points, closing in positive territory. The rise was driven by heavyweight stocks like SBIN and ICICI Bank. On the upside, resistance is seen between 48,500 and 49,000, while support on the downside lies in the 48,000–47,500 range.

Highest Call Writing at 48,500 (19.1 Lakh)
Highest Put Writing at 48,000 (16.3 Lakh)

Bank Nifty Support and Resistance

Support48,000 and 47,500
Resistance
48,500 and 49,000

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