In the Stock Market Today, Nifty climbs past 22,450, with Sensex adding 400 points; all sectors in positive gains.
Stock Market Nifty Chart Prediction.
On April 01, Sensex increased by 363.20 points to 74,014.55, & the Nifty went up by 135.10 points to 22,462.00. A total of 3015 shares went up, -572 shares fell, and 112 shares did not change.
Top Nifty gainers: Tata Steel, JSW Steel, Adani Ports, Shriram Finance and Divis Labs
Top Nifty Losers: Eicher Motors, Titan Company, Bajaj Auto, LTIMindtree and Nestle.
All sectors except automotive ended higher, with metal, power, and others rising 1-4%, and oil & gas, IT, and banking each gaining 0.5%.
BSE midcap index added 1.6% and the smallcap index was up 3%.
Stock Prediction for 02nd April 2024.
| STOCK | Good Above | Weak Below |
| ONGC | 272 | 268 |
| BANKBARODA | 268 | 264 |
| HCLTECH | 1560 | 1540 |
| MGL | 1388 | 1370 |
Prediction For Tuesday, NIFTY can go up if it goes above 22,700 or down after the level of 22,300 but all depends upon the Global cues.
The Nifty index started well but then moved sideways because it hit resistance at 22500, where a lot of people had bet it wouldn’t go higher. To keep going up, it needs to break past 22500, which could lead to further increases up to 22700. If it stays above 22300, that’s a good sign it might keep rising.
| Highest Call Writing at | 22,700 (76.7 Lakhs) |
| Highest Put Writing at | 22,300 (56.9 Lakhs) |
Nifty Support and Resistance
| Support | 22,300, 22,200 |
| Resistance | 22,700, 23,000 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 47,500 or down after the level of 47,000 but it all depends upon the Global cues.
Bank Nifty index showed positive momentum, breaking through the key resistance level at 47500. Support is established in the 47000-46800 range, while the next significant resistance point is set at 48000. The market’s direction and overall sentiment are anticipated to gain clarity following the announcement of the RBI policy.
| Highest Call Writing at | 47,500 (23.6 Lakhs) |
| Highest Put Writing at | 47,000 (25.2 Lakhs) |
Bank Nifty Support and Resistance
| Support | 47,000, 46,800 |
| Resistance | 47,500, 48,000 |
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