In the Stock Market Today, Nifty exceeded 22,300 while the Sensex rose by 655 points, with every sector experiencing gains.
Stock Market Nifty Chart Prediction.
On March 28, Sensex gained 655.04 points, to reach 73,651.35, while the Nifty increased by 203.20 points, representing a 0.92% uptick to hit 22,326.90.
Top Nifty gainers: Bajaj Finserv, Grasim Industries, Hero MotoCorp, Bajaj Finance and Eicher Motors
Top Nifty Losers: Shriram Finance, Tech Mahindra, Axis Bank, Reliance Industries and Britannia Industries.
All sectors saw gains, with auto, healthcare, metal, power, and capital goods up by 1 percent, while oil & gas, IT, banking, real estate, and FMCG rose by 0.5 percent each.
BSE midcap index added 0.6% and the smallcap index was up 0.3%.
Stock Prediction for 01st April 2024.
| STOCK | Good Above | Weak Below |
| COALINDIA | 436 | 431 |
| JSWSTEEL | 834 | 826 |
| MCDOWELL-N | 1140 | 1122 |
| MUTHOOTFIN | 1482 | 1463 |
Prediction For Monday, NIFTY can go up if it goes above 22,500 or down after the level of 22,300 but all depends upon the Global cues.
The Nifty has made a significant jump, crossing 22,500 after staying above 22,100, indicating a clear breakout from consolidation and increased optimism on the daily chart. It initially met resistance near 22,526 and needs to decisively break above 22,500 to maintain its upward trajectory. The 22,200 level could provide immediate support.
| Highest Call Writing at | 22,500 (1.7 Crores) |
| Highest Put Writing at | 22,300 (1.9 Crores) |
Nifty Support and Resistance
| Support | 22,300, 22,200 |
| Resistance | 22,500, 22,600 |
Bank Nifty Daily Chart Prediction.
Prediction For Monday, Bank NIFTY can go up if it goes above 47,000 or down after the level of 46,800 but it all depends upon the Global cues.
Bank Nifty index showed bullish strength by moving past the 47,000 mark with substantial volumes but met resistance near 47,500. Overcoming this could target the 48,000 level. The critical support lies between 47,000 and 46,800; a firm drop below could hint at a deceptive breakout.
| Highest Call Writing at | 47,500 (20.1 Lakhs) |
| Highest Put Writing at | 47,000 (18.6 Lakhs) |
Bank Nifty Support and Resistance
| Support | 47,000, 46,800 |
| Resistance | 47,500, 48,000 |
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