In today’s stock market, Sensex slips 770 points while Nifty hovers near 24,000 as escalating Indo-Pak tensions weigh on market sentiment.
Stock Market Nifty Chart Prediction
On April 09, Sensex was down 880.34 points or 1.10 percent at 79,454.47, and the Nifty was down 265.80 points or 1.10 percent at 24,008.00. About 1336 shares advanced, 2372 shares declined, and 148 shares unchanged.
Top Nifty gainers: Titan Company, Tata Motors, L&T, Bharat Electronics, Hero MotoCorp,
Top Nifty Losers: ICICI Bank, Power Grid Corp, UltraTech Cement, Shriram Finance, Grasim Industries.
In sector-wise performance, the Realty index declined by 2.3%, and the Private Bank index slipped 1.3%. On the other hand, indices for Media, Consumer Durables, Capital Goods, and PSU Banks saw gains ranging from 0.9% to 1.6%.
BSE Midcap index ended flat, while smallcap index was down 0.3%.
Stock Prediction for 12th May 2025
| STOCK | Good Above | Weak Below |
| AARTIIND | 451 | 446 |
| AUBANK | 691 | 683 |
| BHARATFORG | 1172 | 1160 |
| MAXHEALTH | 1130 | 1118 |
Prediction for Monday NIFTY can go up if it goes above 24,400 or down after the level of 24,300, but it all depends upon the Global cues.
Over the past few weeks, Nifty had been trading within a narrow range, but on Friday, it witnessed a sharp decline due to escalating tensions between India and Pakistan. The index closed 265 points lower, amid heightened volatility. The session began on a weak note and later moved into a sideways pattern, with a brief attempt at recovery before settling lower. On the daily chart, a small green candlestick appeared near the day’s low, featuring a long upper wick a signal that suggests a potential breakdown from the recent consolidation phase. Looking ahead, key resistance is placed around the 24,500–25,000 zone, while immediate support lies between 24,000 and 23,500.
| Highest Call Writing at | 24,500 (77.0 Lk) |
| Highest Put Writing at | 24,000 (72.8 Lk) |
Nifty Support and Resistance
| Support | 24,000-23,500 |
| Resistance | 24,500-25,000 |
Bank Nifty Daily Chart Prediction
Prediction For Monday, BANKNIFTY can go up if it goes above 55,000 or down after the level of 54,000, but it all depends upon the Global cues.
Bank Nifty continues to trade in a downward trend. Traders with existing short positions are advised to maintain them, using a daily closing stop-loss at 54,603. On the higher side, resistance levels are seen at 55,000 and 55,600, while support on the lower side is placed between 54,000 and 53,000.
| Highest Call Writing at | 55,000 (13.4 Lk) |
| Highest Put Writing at | 54,000 (17.8 Lk) |
Bank Nifty Support and Resistance
| Support | 54,000 and 53,000 |
| Resistance | 55,000 and 55,600 |
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