Stock Market Prediction for Nifty & Bank Nifty 19th March 2024
In the Stock Market Today, Sensex rises by 105 points, Nifty reaches 22,050, driven by auto and metals sectors.
In the Stock Market Today, Sensex rises by 105 points, Nifty reaches 22,050, driven by auto and metals sectors.
In Technical Analysis, the most crucial tool to start Options, we need to know different Candlestick Patterns. Different Candlesticks Patterns help traders to understand the overall stock market strategy.
Sensex plunged 671 points due to widespread selling, while Nifty approached 21,500. The PSU bank index witnessed a 2% decline.
Bank Nifty is a pivotal index in the Indian Stock Market and serves as a backbone for options traders seeking intra-day profits. However, without adept strategies, trading becomes precarious, leading to potential losses for many traders.
The risk/reward ratio helps traders assess if a trade is worth it by comparing potential gains to the risk involved. Lower ratios mean less risk for similar rewards.
In the Stock market today, Nifty ended below 19,400, and Sensex dropped for the 3rd day in a row, closing 542 points lower; Midcap and Smallcap indices remained unchanged, while pharma stocks showed strength against the prevailing trend.