In today’s stock market, Nifty crosses 24,300, Sensex jumps 940 points oil & gas, pharma, and PSU bank stocks rally.
Stock Market Nifty Chart Prediction
On April 28, the Sensex advanced by 1,005.84 points to 80,218.37, and the Nifty advanced by 289.15 points to 24,328.50. A total of 1,877 shares advanced, –1,961 shares declined, and 179 shares remained unchanged.
Top Nifty gainers: Reliance Industries, SBI Life, Bharat Electronics, Sun Pharma, JSW Steel
Top Nifty Losers: Shriram Finance, HCL Technologies, Eternal, UltraTech Cement, HUL.
Except for IT, all other sectors ended in the green, with metal, realty, oil & gas, pharma, and PSU Bank rising by 1-3 percent.
BSE Midcap Index rose 1.3 percent, Smallcap Index added 0.4 percent.
Stock Prediction for 29th April 2025
| STOCK | Good Above | Weak Below |
| BPCL | 311 | 307 |
| HDFCBANK | 1936 | 1914 |
| LICHSGFIN | 612 | 606 |
| SUNPHARMA | 1850 | 1828 |
Prediction for Tuesday NIFTY can go up if it goes above 24,300 or down after the level of 24,000, but it all depends upon the Global cues.
The markets kicked off the week with strong gains of over a percent, fueled by positive factors. The lack of major geopolitical issues between India and Pakistan over the weekend, along with stability in global markets, reduced tension and led to a positive start. Also, the strength of Reliance, boosted by its results, helped support the market as the session went on. Key resistance levels are at 24,300 and 24,700, while support is between 24,000 and 23,600.
| Highest Call Writing at | 24,300 (80.2 Lakh) |
| Highest Put Writing at | 24,000 (1.3 crore) |
Nifty Support and Resistance
| Support | 24,000 and 23,600 |
| Resistance | 24,300 and 24,700 |
Bank Nifty Daily Chart Prediction
Prediction For Tuesday, BANKNIFTY can go up if it goes above 55,500 or down after the level of 54,200, but it all depends upon the Global cues.
BankNifty (55,433) has turned bearish in the last trading session. You can go short on BankNifty with a stop-loss of 55,686 on a daily closing basis. The index will remain bearish as long as it stays below 55,686. On the upside, resistance is seen between 55,600 and 56,000, while key support levels are at 54,200 and 53,500.
| Highest Call Writing at | 55,600 (9.9 Lakh) |
| Highest Put Writing at | 54,200 (10.0 Lakh) |
Bank Nifty Support and Resistance
| Support | 54,200 and 53,500 |
| Resistance | 55,600 and 56,000 |
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