In today’s stock market, Markets rose for the 7th straight day; Nifty crossed 24,300, Sensex gained 521 pts, led by IT stocks.
Stock Market Nifty Chart Prediction
On April 23, Sensex was up 520.90 points at 80,116.49, and the Nifty was up 161.70 points at 24,328.95. About 1989 shares advanced, -1832 shares declined, and 141 shares unchanged.
Top Nifty gainers: HCL Technologies, Tech Mahindra, Tata Motors, Wipro, Infosys,
Top Nifty Losers: HDFC Bank, Kotak Mahindra Bank, Axis Bank, SBI, Grasim Industries.
In sectoral performance, the IT index surged by 4 percent, while the auto sector gained over 2%. Meanwhile, PSU banks and consumer durables slipped between 0.5 to 1%
Midcap index rose 1% and Smallcap was up 0.2%
Stock Prediction for 24th April 2025
| STOCK | Good Above | Weak Below |
| ESCORTS | 3465 | 3425 |
| JUBLFOOD | 720 | 713 |
| KPITTECH | 1234 | 1222 |
| LT | 3310 | 3275 |
Prediction for Thursday NIFTY can go up if it goes above 24,600 or down after the level of 24,200, but it all depends upon the Global cues.
Nifty saw some volatility following a strong start, aided by favorable global signals. While overall sentiment stays positive with the index holding above its previous swing high, the appearance of a Hanging Man pattern on the daily chart signals caution for traders with net long positions. Key resistance is expected around the 24,600–25,000 zone, while support lies between 24,200 and 23,600 levels.
| Highest Call Writing at | 24,600 (1.4 crore) |
| Highest Put Writing at | 24,200 (1.1 crore) |
Nifty Support and Resistance
| Support | 24,200 to 23,600 |
| Resistance | 24,600 and 25,000 |
Bank Nifty Daily Chart Prediction
Prediction For Thursday, BANKNIFTY can go up if it goes above 56,000 or down after the level of 55,000, but it all depends upon the Global cues.
Bank Nifty is showing a positive trend at present. Traders with long positions can consider holding them, using a daily closing stop-loss at 54,686. On the higher side, resistance is expected between 56,000 and 56,500, while support is seen in the 55,000 to 54,000 range.
| Highest Call Writing at | 56,000 (35.1 Lakh) |
| Highest Put Writing at | 55,000 (28.1 Lakh) |
Bank Nifty Support and Resistance
| Support | 55,000 and 53,000 |
| Resistance | 56,000 to 57,000 |
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