In today’s stock market, Market plunges on Trump tariff fears; Sensex tumbles 1,390 points, Nifty falls below 23,200; telecom & media gains.
Stock Market Nifty Chart Prediction
On April 01, the Sensex was down 1,390.41 points at 76,024.51, and the Nifty was down 353.65 points at 23,165.70. About 2651 shares advanced, -1230 shares declined, and 144 shares unchanged.
Top Nifty gainers: IndusInd Bank, Trent, Bajaj Auto, Jio Financial, HDFC Life,
Top Nifty Losers: HCL Technologies, Bajaj Finserv, HDFC Bank, Infosys, Hindalco Industries.
Apart from media (up 2%), telecom (up 2%), and oil & gas (up 0.6%), all other indices closed in the red, with IT, realty, and consumer durables declining by 2-3% each.
BSE Midcap index was down 1% and smallcap index ended on a flat note.
Stock Prediction for 2nd April 2025
| STOCK | Good Above | Weak Below |
| APLAPOLLO | 1540 | 1520 |
| APOLLOHOSP | 6650 | 6590 |
| BPCL | 286 | 281 |
| HDFCLIFE | 696 | 690 |
Prediction for Wednesday NIFTY can go up if it goes above 23,500 or down after the level of 23,000, but it all depends upon the Global cues.
Nifty experienced significant weakness and ended the session down by 353 points. Although the market opened on a negative note, it quickly attempted a recovery. However, sentiment soon turned bearish, leading to intraday weakness during the early to mid-session. Later, the index moved into a range-bound phase toward the close. Resistance is seen at 23,500-24,000, while support lies between 23,000-22,500.
| Highest Call Writing at | 23,500 (1.4 Crore) |
| Highest Put Writing at | 23,000 (75.8 Lakh) |
Nifty Support and Resistance
| Support | 23,000 and 22,500 |
| Resistance | 23,500 and 24,000 |
Bank Nifty Daily Chart Prediction
Prediction For Wednesday, BANKNIFTY can go up if it goes above 52,000 or down after the level of 51,500, but it all depends upon the Global cues.
In the previous trading session, Bank Nifty turned bearish. A short position can be taken with a stop-loss at 51,886 on a daily closing basis. Resistance is expected in the 52,000-53,000 range, while support is seen between 51,500-50,000.
| Highest Call Writing at | 52,000 (9.7 Lakh) |
| Highest Put Writing at | 51,500 (9.2 Lakh) |
Bank Nifty Support and Resistance
| Support | 51,500-50,000 |
| Resistance | 52,000 and 53,000 |
Power of Algorithms in Options Trading, Try Spider Now: Register Now
If you’d like to know how we analyze the market and provide accurate levels every day. then click on the Free Demo button below and change your trading life for good. 5X returns are possible in options trading If you have Spider Software in your trading system.
Disclaimer: The information provided in this Blog is for educational purposes only and should not be construed as financial advice. Trading in the stock market involves a significant level of risk and can result in both profits and losses. Spider Software & Team does not guarantee any specific outcome or profit from the use of the information provided in this Blog. It is the sole responsibility of the viewer to evaluate their own financial situation and to make their own decisions regarding any investments or trading strategies based on their individual financial goals, risk tolerance, and investment objectives. Spider Software & Team shall not be liable for any loss or damage, including without limitation any indirect, special, incidental or consequential loss or damage, arising from or in connection with the use of this blog or any information contained herein. 
