In the Stock Market Today, Market closed flat, with the Nifty gaining for the 14th day, while the Sensex fell by 4.40 points to 82,555.44.
Stock Market Nifty Chart Prediction.
On September 03, The Sensex declined by 4.40 points, to close at 82,555.44, while the Nifty gained 1.10 points to end at 25,279.80.
Top Nifty gainers: SBI Life Insurance, ICICI Bank, HDFC Life, Shriram Finance and Bajaj Finserv,
Top Nifty Losers: Grasim Industries, Kotak Mahindra Bank, Adani Enterprises and Nestle India.
The banking and capital goods sectors each saw a rise of 0.5%, whereas the media, power, metals, real estate, and oil & gas sectors declined by 0.5% to 1.5%.
BSE midcap index ended with marginal gains and the smallcap index rose 0.5%
Stock Prediction for 04th Sept 2024.
| STOCK | Good Above | Weak Below |
| CUMMINSIND | 3844 | 3800 |
| JUBLFOOD | 656 | 650 |
| KOTAKBANK | 1785 | 1764 |
| WIPRO | 541 | 534 |
Prediction For Wednesday, NIFTY can go up if it goes above 25,500 or down after the level of 25,200, but it all depends upon the Global cues.
Nifty opened flat and remained range-bound throughout the day, closing slightly higher with a gain of around 1 point. The daily charts show that the Nifty has been gradually moving upwards, supported by sector rotation. We plan to stay with this upward trend. On the upside, we anticipate the Nifty reaching levels between 25,500 and 26,000. On the downside, the key support range is set between 25,200 and 24,900.
| Highest Call Writing at | 25,500 (71.9 Lakhs) |
| Highest Put Writing at | 25,200 (65.9 Lakhs) |
Nifty Support and Resistance
| Support | 25,200 and 24,900 |
| Resistance | 25,500 and 26,000 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, Bank NIFTY can go up if it goes above 52,000 or down after the level of 51,500 but it all depends upon the Global cues.
Bank Nifty is currently showing a positive trend. If you have long positions, it is advisable to continue holding them with a daily closing stop loss set at 51,029. Bank Nifty has begun to show upward momentum, moving towards the 52,000 – 52,500 range. From a short-term perspective, the support level has shifted higher to the 51,500 – 51,000 zone.
| Highest Call Writing at | 52,000 (35.4 Lakhs) |
| Highest Put Writing at | 51,500 (31.8 Lakhs) |
Bank Nifty Support and Resistance
| Support | 51,500 and 51,000 |
| Resistance | 52,000 and 52,500 |
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