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
Resistance19475,19500

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

Support43650,43500
Resistance43900,44000

Also, check our Article on Spinning Top Candlestick Pattern

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.

Leave a Reply

Your email address will not be published.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