In today’s stock market, Nifty is around 24,000, and Sensex drops by 589 points, but IT stocks are doing well.
Stock Market Nifty Chart Prediction
On April 25, Sensex dropped by 588.90 points to 79,212.53, while the Nifty fell by 207.35 points to 24,039.35. Out of the total shares, 682 went up, –3,138 declined, and 115 remained unchanged.
Top Nifty gainers: SBI Life Insurance, Infosys, TCS, Tech Mahindra, IndusInd Bank.
Top Nifty Losers: Axis Bank, Adani Enterprises, Shriram Finance, Adani Ports, Trent
Except for IT, all other sectors ended lower, with media, metal, PSU, telecom, power, oil & gas, and realty dropping by 2-3%.
BSE Midcap and smallcap indices shed 2.5 percent each.
Stock Prediction for 28th April 2025
| STOCK | Good Above | Weak Below |
| DELHIVERY | 303 | 298 |
| GRASIM | 2740 | 2710 |
| PERSISTENT | 5285 | 5230 |
| RELIANCE | 1306 | 1294 |
Prediction for Monday NIFTY can go up if it goes above 24,300 or down after the level of 23,800, but it all depends upon the Global cues.
Nifty has dropped after consolidating on the daily chart, suggesting increasing bearish sentiment. The index has also fallen below its 200-DMA, which could signal a shift back into a bearish trend. Investor sentiment is weak, with a cautious outlook ahead of the weekend, especially amid rising tensions between India and Pakistan. Key resistance levels are at 24,300 and 24,600, while support is seen between 23,800 and 23,600.
| Highest Call Writing at | 24,300 (1.0 crore) |
| Highest Put Writing at | 23,800 (69.9 Lakh) |
Nifty Support and Resistance
| Support | 23,800 and 23,600 |
| Resistance | 24,300 and 24,600 |
Bank Nifty Daily Chart Prediction
Prediction For Monday, BANKNIFTY can go up if it goes above 55,500 or down after the level of 54,300, but it all depends upon the Global cues.
Banknifty has entered a negative trend in the last trading session. A short position can be taken with a stop loss of 55,686 on a daily closing basis. The index will remain bearish as long as it trades below 55,686. On the upside, resistance is seen around 55,500 to 56,000, while key support levels are at 54,300 and 54,000.
| Highest Call Writing at | 55,500 (9.9 Lakh) |
| Highest Put Writing at | 54,300 (10.0 Lakh) |
Bank Nifty Support and Resistance
| Support | 54,300 and 54,000 |
| Resistance | 55,500 to 56,000 |
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