Home » Stock Market Prediction for Nifty & Bank Nifty 13th June 2024.

Stock Market Prediction for Nifty & Bank Nifty 13th June 2024.


In the Stock Market Today, Nifty exceeds 23,300 while Sensex rises by 150 points; mid and small-cap stocks outperform.

Stock Market Nifty Chart Prediction.

The picture is of the Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on June 13, 2024.

The image displays Intraday version of the Nifty Stock Market chart, used for predicting on June 13, 2024.
Zoomed Nifty Chart in Intraday Time Frame.

On June 12 Sensex increased by 149.98 points reach 76,606.57, while the Nifty rose by 58.20 points 23,323. Approximately 2,284 shares advanced, -1,159 shares declined, and 74 shares remained unchanged.

Top Nifty gainers:  Coal India, Power Grid, SBI Life Insurance, LTIMindtree and Eicher Motors
Top Nifty Losers:  Kotak Mahindra Bank, Dr Reddy’s Labs, Asian Paints, Reliance Industries & Divis Labs.

In the sectoral analysis, all indices were trading positively, with the exception of FMCG and Realty. Capital goods, metal, oil & gas, and power sectors each saw a 1 percent increase.

BSE Midcap and Smallcap index gained 1% each.

Stock Prediction for 13th June 2024
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Prediction For Thursday, NIFTY can go up if it goes above 23,400 or down after the level of 23,000 but it all depends upon the Global cues.

Nifty experienced another day of consolidation. Despite opening with gains, profit booking at higher levels emerged as the day went on, yet it still closed in positive territory, rising by approximately 58 points. Over the past three trading sessions, Nifty has largely fluctuated between 23,450 and 23,200. It faces resistance between 23,400 and 23,600, while support lies between 23,000 and 22,800.

Highest Call Writing at
23,400 (1.6 Crore)
Highest Put Writing at
23,000 (87.2 Lakhs)

Nifty Support and Resistance

Support 23,000 – 22,800
Resistance
23,400 – 23,600

Bank Nifty Daily Chart Prediction.

The picture is of the Bank Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on June 13, 2024.

The image displays Intraday version of the Nifty Bank Stock Market chart, used for predicting on June 13, 2024.
Zoomed Bank Nifty Chart in Intraday Time Frame.

Prediction For Thursday, Bank NIFTY can go up if it goes above 50,000 or down after the level of 49,000 but it all depends upon the Global cues.

Bank Nifty attempted to break above 50,300 but lost momentum, although it still closed in positive territory with an increase of around 190 points. The resistance is between 50,000 and 50,600, while support is found between 49,900 and 49,700.

Highest Call Writing at50,000 (75.6 Lakhs)
Highest Put Writing at49,900 (78.1 Lakhs)

Bank Nifty Support and Resistance

Support49,900 – 49,700
Resistance
50,000 – 50,600

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