In Stock Market Today, Nifty is close to 21,850, with Sensex climbing +267 points. Nifty Bank sees a +0.89% rise.
Stock Market Nifty Chart Prediction.
Indian benchmark indices closed higher despite market volatility, with Nifty surpassing 21,800. Sensex ended up by 277.98 points at 71,833.17, while Nifty gained 96.70 points at 21,840. During the session, 1948 stocks advanced, 1361 declined, and 73 remained unchanged.
BPCL, SBI, Coal India, ONGC, and Axis Bank led the Nifty’s gainers, while Tech Mahindra, Cipla, Sun Pharma, TCS, and Dr. Reddy’s Laboratories were among the top losers.
BSE Midcap and Smallcap indices added 1 percent each. respectively.
Stock Prediction for 15th February 2024.
| STOCK | Good Above | Weak Below |
| ADANI ENT | 3221 | 3192 |
| AMBUJA CEM | 574 | 567 |
| PETRONET | 276 | 270 |
| VOLTAS | 1100 | 1080 |
Prediction For Wednesday, NIFTY can go up if it goes above 22000 or down after the level of 21600 but all depends upon the Global cues.
The Nifty showed significant volatility but leaned towards bullishness after initially starting weak. However, the overall sentiment remains neutral to negative as long as it remains below 21,850. A clear breakthrough above this level could spark a notable uptrend in the market. Once above 21,850, the Nifty may target 22,200. Near-term support is at 21,600.
| Highest Call Writing at | 22,000 (1.1 Crore) |
| Highest Put Writing at | 21,600 (92.1 Lakhs) |
Nifty Support and Resistance
| Support | 21,600, 21,000 |
| Resistance | 22,000, 22,200 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, Bank NIFTY can go up if it goes above 46000 or down after the level of 45900 but it all depends upon the Global cues.
The BankNifty bulls bounced back strongly, beating the bears and holding onto the important support level of 45,000. The index is in a good position for buying, with support at 45,500. It’s expected to reach 46,500 soon, and if it stays above that, it could go up to 48,000.
| Highest Call Writing at | 46,000 (68.3 Lakhs) |
| Highest Put Writing at | 45,900 (52.3 Lakhs) |
Bank Nifty Support and Resistance
| Support | 45,900, 45,000 |
| Resistance | 46,000, 47,000 |
Also, check our Article on How to Find Top Stocks for Your Portfolio.
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