In today’s stock market, Sensex remains steady, Nifty crosses 24,600; IT and real estate sectors lead the gains.
Stock Market Nifty Chart Prediction
On December 10, Sensex was up 1.59 points at 81,510.05, while the Nifty was down 8.95 points at 24,610.05. About 1,970 shares advanced, 1,828 shares declined, and 122 shares remained unchanged.
Top Nifty gainers: Bharti Airtel, Adani Ports, Adani Enterprises, Dr Reddy’s Laboratories and HDFC Life
Top Nifty Losers: Bajaj Finserv, Infosys, HCL Technologies, Wipro and Shriram Finance.
On the sectoral front, power, telecom, and media declined by 0.5-1%, while IT, metal, PSU Bank, and realty gained 0.4-1%.
BSE Midcap and Smallcap indices were up 0.3 percent each.
Stock Prediction for 11th Dec 2024
| STOCK | Good Above | Weak Below |
| BAJAJFINSV | 1671 | 1655 |
| COROMANDEL | 1785 | 1764 |
| SHRIRAMFIN | 3200 | 3160 |
| TATACHEM | 1130 | 1118 |
Prediction for Wednesday NIFTY can go up if it goes above 24,800 or down after the level of 24,400, but it all depends upon the Global cues.
After a flat opening, the index moved slightly higher before reversing to test its immediate support at 24,550. In the last hour of trading, select heavyweight stocks pushed the index up, closing at 24,610.05 with a loss of 8.95 points. Immediate resistance is expected between 24,800 and 25,000, while support levels are seen in the 24,400 to 24,000 range.
| Highest Call Writing at | 24,800 (1.2 crore) |
| Highest Put Writing at | 24,400 (94.2 lakh) |
Nifty Support and Resistance
| Support | 24,400 to 24,000 |
| Resistance | 24,800 and 25,000 |
Bank Nifty Daily Chart Prediction
Prediction For Wednesday, Bank NIFTY can go up if it goes above 53,900 or down after the level of 53,250, but it all depends upon the Global cues.
Markets remained subdued in a range-bound session, staying mostly in the red as investor enthusiasm cooled after last week’s rally. The Bank Nifty faced resistance around 53,900-54,500, while support was seen at 53,250-52,750, providing a cushion against further decline.
| Highest Call Writing at | 53,900 (21.2 Lakh) |
| Highest Put Writing at | 53,250 (20.2 Lakh) |
Bank Nifty Support and Resistance
| Support | 53,200-52,800 |
| Resistance | 53,900-54,500 |
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. 
