Home » Stock Market Prediction for Nifty & Bank Nifty 06th August 2025

Stock Market Prediction for Nifty & Bank Nifty 06th August 2025

This image is about stoc amrket prediction for 6th august 2025

In today’s stock market, Nifty drops below 24,700, Sensex falls by 280 points; auto stocks rise for the second day.

Stock Market Nifty Chart Prediction

On August 05, Sensex was down 308.47 points at 80,710.25, and Nifty was down 73.20 points at 24,649.55. About 1708 shares advanced, 2184 shares declined, and 143 shares remained unchanged.

Top Nifty gainers: Titan Company, Maruti Suzuki, SBI Life, Trent, IndusInd Bank.
Top Nifty Losers :  Infosys, Adani Enterprises, Adani Ports, Reliance Industries, ICICI Bank 

Among sectors, the auto index rose 0.4%, while bank, IT, oil & gas, FMCG, and pharma all dropped by 0.5% each.

The BSE Midcap index down by 0.14%, while the Smallcap index down by 0.27%

Best Stocks of the day according to AI (Delta Dash)

Worst Stocks of the day according to AI (Delta Dash)

Stock Prediction for 06th August 2025

Prediction for Wednesday NIFTY can go up if it goes above 24,800 or down after the level of 24,500, but it also depends upon the Global cues.

Nifty maintained a negative bias throughout the day, staying below the 50EMA. On the daily chart, the index is comfortably positioned below the 50EMA. The current range is between 24,400 and 24,850, and in the short term, the index is expected to stay within this range. A decisive move beyond this band could dictate the market’s next direction. Resistance is at 24,800–25,200, while support lies at 24,500–24,000.

Highest Call Writing at
24,800 (1.3 Cr)
Highest Put Writing at
24,500 (97.3 Lk)

Nifty Support and Resistance

Support 24,500–24,000
Resistance
24,800–25,200

Bank Nifty Daily Chart Prediction

Prediction For Wednesday , BANKNIFTY can go up if it goes above 55,600 or down after the level of 55,100, but it also depends upon the Global cues.

BANKNIFTY is currently in a downtrend. If you’re holding short positions, you can continue, but make sure to exit if it closes above 55,929. If the index closes above 55,929, you can consider opening long positions. Resistance is seen between 55,600 and 56,000, and support is between 55,100 and 54,600.

Highest Call Writing at55,600 (21.7 Lk)
Highest Put Writing at 55,100 (13.9 Lk)

Bank Nifty Support and Resistance

Support55,100 and 54,600
Resistance
55,600 and 56,000

Power of Algorithms in Options Trading, Try Spider Now: Register Now

If you’d like to know how we analyze the market and provide accurate levels every day. then click on the Free Demo button below and change your trading life for good. 5X returns are possible in options trading If you have Spider Software in your trading system.

Disclaimer: The information provided in this Blog is for educational purposes only and should not be construed as financial advice. Trading in the stock market involves a significant level of risk and can result in both profits and losses. Spider Software & Team does not guarantee any specific outcome or profit from the use of the information provided in this Blog. It is the sole responsibility of the viewer to evaluate their own financial situation and to make their own decisions regarding any investments or trading strategies based on their individual financial goals, risk tolerance, and investment objectives. Spider Software & Team shall not be liable for any loss or damage, including without limitation any indirect, special, incidental or consequential loss or damage, arising from or in connection with the use of this blog or any information contained herein.

Loading

Leave a Reply

Your email address will not be published. Required fields are marked *