In the stock market today, Nifty closed below 25,000, & the Sensex plunged 850 points as the RBI kept the repo rate unchanged.
Stock Market Nifty Chart Prediction.
On October 09, The Sensex fell by 167.71 points, to 81,467.10, while the Nifty dropped 31.20 points, to 24,982. Out of the total stocks, 2,580 saw gains, -1,201 declined, and 93 remained unchanged.
Top Nifty gainers: Trent, Cipla, Tata Motors, SBI and Maruti Suzuki,
Top Nifty Losers: ITC, Nestle, Reliance Industries, ONGC, HUL.
All sectoral indices, except for metal, finished in positive territory, with auto, banking, healthcare, real estate, capital goods, power, telecom, and media rising by 1-2 percent.
BSE midcap and Smallcap indices up more than 1% each.
Stock Prediction for 10th Oct 2024.
STOCK | Good Above | Weak Below |
BHARTIARTL | 1700 | 1675 |
INDIAMART | 3025 | 2980 |
MOTHERSON | 208 | 203 |
MUTHOOTFIN | 1958 | 1930 |
Prediction For Thursday, NIFTY can go up if it goes above 25,100 or down after the level of 24,800, but it all depends upon the Global cues.
The Nifty started the session on a strong note but was unable to sustain its gains, ending with a weaker close. The immediate trend remains positive as long as it stays above 24,940. However, if it falls below 24,940, it may prompt a correction toward 24,800 or 24,400. On the upside, resistance is expected around the 25,100 to 25,500 levels.
Highest Call Writing at | 25,100 (1.2 Crore) |
Highest Put Writing at | 24,800 (80.7 Lakh) |
Nifty Support and Resistance
Support | 24,800 and 24,400. |
Resistance | 25,100 and 25,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Thursday, Bank NIFTY can go up if it goes above 51,000 or down after the level of 50,500, but it all depends upon the Global cues.
Bank Nifty is currently trending downward. If you have short positions, it’s advised to hold them with a daily closing stop-loss at 51,585. Resistance is seen between 51,000 and 51,700 on the upside, while support lies between 50,900 and 50,500 on the downside.
Highest Call Writing at | 51,000 (92.2 Lakhs) |
Highest Put Writing at | 50,500 (49.5 Lakhs) |
Bank Nifty Support and Resistance
Support | 50,900 and 50,300 |
Resistance | 51,000 and 51,700 |
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