Home ยป Stock Market Prediction for Nifty & Bank Nifty 12 Nov 2023

Stock Market Prediction for Nifty & Bank Nifty 12 Nov 2023

In Stock market today Sensex and Nifty closed with slight gains despite a drag from the auto and IT sectors, while banks, metals, and energy sectors shone.

Stock Market Nifty Chart Prediction.

I can see you’re interested in Gold investments during the festive season and potential market movements around it. The sentiment around Gold in India is deeply sentimental, often sought for its long-term value and seen as a safe haven. The geopolitical tensions and upcoming events like the US election can impact its price, so some investors might view any dips as a chance to buy during Diwali.

Prediction For Muhurat Trading session NIFTY can go up if it goes above 19500 or go down after the level of 19350 but all depend upon the Global cues.

There are good chances of market going up as today market opened gap down and after that was in upward move to close at days high. If it goes beyond any level given above it will give a one side move on any side up or down. If Nifty gives flat opening, it may move to the level of 19500 or 19300 But all these aspects depend upon the Global cues.

Highest Call Writing at19200 (1.0 crores)
Highest Put Writing at19100 (82.6 lakhs)

Nifty Support and Resistance

Support 19350,19300

Bank Nifty Daily Chart Prediction

Prediction For Muhurat Trading session Bank NIFTY can go up if it goes above 43900 or go down after the level of 43600 but all depend upon the Global cues.

Today, BANK NIFTY opened gap down in morning but after that it goes up and closed at days high. Today bank nifty has closed in green and closed above its critical level of 43850 which has made bank nifty strong again For Muhurat Trading. you can go with the strategy of buy on dip.

Highest Call Writing at43200 (49.9 Lakhs)
Highest Put Writing at42800 (35.7 Lakhs)

Bank Nifty Support and Resistance


Also, check our Article on Spinning Top Candlestick Pattern

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