In Stock market today Nifty is trading at approximately 19,150 points while the Sensex has gained 490 points, with all sectors showing positive performance.
Stock Market Nifty Chart Prediction.
The markets started the weekly expiry day strong above 19,000 but later retraced most of their gains; during the second half of the session, PSU Banks, Metal sectors, and select heavyweights led a recovery, helping the Nifty end the day at 19,133.25, up 144.10 points, while Mid and Smallcaps outperformed the Frontliners with gains exceeding 1.30%; the daily chart shows a DOJI candlestick pattern, reflecting market indecisiveness within the 18,800-19,250 range, awaiting a definitive breakout.
Prediction For Friday NIFTY can go up if it goes above 19175 or go down after the level of 19050 but all depend upon the Global cues.
There are good chances of market going up as today market opened gap up and after sometime it started down then after that it tock support near 19050 and closed near level of 19150. If it goes beyond any level given above it will give a one side move on any side up or down. If Nifty gives flat opening, it may move to the level of 19200 or 19000 But all these aspects depend upon the Global cues.
| Highest Call Writing at | 19200 (1.0 crores) |
| Highest Put Writing at | 19100 (82.6 lakhs) |
Nifty Support and Resistance
| Support | 19100,19050 |
| Resistance | 19200,19250 |
Bank Nifty Daily Chart Prediction
Prediction For Friday Bank NIFTY can go up if it goes above 43200 or go down after the level of 42800 but all depend upon the Global cues.
Today, BANK NIFTY opened gap up in morning but after that it made high of 43275 then there was weakness and it tock support near 42800. Today bank nifty has closed in green and closed above its critical level of 43000 which has made bank nifty strong again For Friday. you can go with the strategy of buy on dip.
| Highest Call Writing at | 43200 (49.9 Lakhs) |
| Highest Put Writing at | 42800 (35.7 Lakhs) |
Bank Nifty Support and Resistance
| Support | 42800,42500 |
| Resistance | 43275,43500 |
Also, check our Article on Spinning Top Candlestick Pattern
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