In the Stock Market Today, Sensex & Nifty ended flat, showing little movement; top gainers included Tata Motors, PowerGrid, NTPC, and L&T.
Stock Market Nifty Chart Prediction.
On April 08, Sensex dipped by 45 points, settling at 73,466.39, while the Nifty 50 edged up by 4.50 points, reaching 22,307. Among the stocks traded, 1,946 witnessed gains, -1,310 saw declines, and 106 remained unchanged.
Top Nifty gainers: HEROMOTOCORP, BPCL and TATA MOTORS
Top Nifty Losers: ASIAN PAINTS, GRASIM and DRREDDYS
Leading the sector performance was Nifty Realty, which saw a 4% drop, followed by Nifty Metal and Healthcare, each down by 2.5%. Meanwhile, Nifty Auto, PSU Banks, and the Oil & Gas sectors all witnessed declines exceeding 2%.
BSE Smallcap saw a 0.5% increase, while Midcap inched up by 0.8%.
Stock Prediction for 09th May 2024.
| STOCK | Good Above | Weak Below |
| COALINDIA | 468 | 462 |
| HINDCOPPER | 375 | 370 |
| RELIANCE | 2840 | 2810 |
| SBIN | 815 | 805 |
Prediction For Thursday, NIFTY can go up if it goes above 22,500 or down after the level of 22,200 but all depends upon the Global cues.
Nifty experienced high volatility throughout the day after opening with a gap down. It exhibited a neutral performance, remaining flat by 0.00 percent intraday and closing at 22302.50 levels. Support was noted around the 22,200 and 22,000 zones, while resistance levels were observed between 22,500 and 22,800.
| Highest Call Writing at | 22,500 (92.9 Lakhs) |
| Highest Put Writing at | 22,200 (69.0 Lakhs) |
Nifty Support and Resistance
| Support | 22,200, 22,000 |
| Resistance | 22,500, 22,800 |
Bank Nifty Daily Chart Prediction.
Prediction For Thursday, Bank NIFTY can go up if it goes above 48,000 or down after the level of 48,500 but it all depends upon the Global cues.
Bank Nifty faced volatility during the day but ended the session in negative territory. However, it closed above the significant support level of 47900, settling at 48021.10. Support levels for Bank Nifty are situated between 48000 and 47000, while resistance is identified at 48100 and 48200 levels.
| Highest Call Writing at | 48,100 (36.5 Lakhs) |
| Highest Put Writing at | 48,000 (89.7 Lakhs) |
Bank Nifty Support and Resistance
| Support | 48,000, 47,000 |
| Resistance | 48,100, 48,200 |
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