In Stock market today, Nifty ended around 19,500, Sensex falls 677 pts; all sectors were in in red
Stock Market Nifty Chart Prediction.
On August 2, the benchmark indices in India closed lower, with the Nifty ending below 19,550. The Sensex was down 676.53 points or 1.02% at 65,782.78, while the Nifty was down 207.00 points or 1.05% at 19,526.50.
During the day, 1232 shares advanced, 2265 shares declined, and 132 shares remained unchanged.
Among the biggest losers on the Nifty were companies like Hero MotoCorp, Tata Motors, Tata Steel, NTPC, and Bajaj Finserv. On the other hand, some of the gainers on the Nifty included Divis Labs, Nestle India, Hindustan Unilever Limited (HUL), Tech Mahindra, and Asian Paints.
All the sectoral indices ended in the red on this day. Capital goods, PSU Bank, power, and metal sectors were down by 2 percent each, while the auto, bank, realty, and oil & gas sectors were down by 1 percent each.
Additionally, the BSE Midcap and Smallcap indices also experienced a decline of 1 percent each on the same day.
Prediction For Thursday NIFTY can open Flat to Red but all depend upon the Global cues.
There are good chances of flat to slight Gap down opening for Thursday as NIFTY is closed near important level of 19500 after giving strong bounce from its low. If Nifty gives a Gap down opening, it may move to the level of 19200. But all these aspects depend upon the Global cues.
| Highest Call Writing at | 19700,19800 |
| Highest Put Writing at | 19500,1900 |
Nifty Support and Resistance
| Support | 19400,19300 |
| Resistance | 19550,19650 |
Bank Nifty Daily Chart Prediction
Today, BANK NIFTY was more weak as compared to nifty it was in down trend right from its opening. There was no recovery form its support level even 45000 was not held by bank nifty Bank nifty gave a sharp recovery from its day low and bank nifty has closed near its critical level of 45000 which has made bank nifty weak For Thursday you can go with the strategy of sell on rise
| Highest Call Writing at | 45700,46000 |
| Highest Put Writing at | 45000,44500 |
Bank Nifty Support and Resistance
| Support | 44700,44500 |
| Resistance | 45150,45350 |
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