In Stock Market Today, Nifty remained steady, while Sensex climbed by +165 points. IT saw gains, while real estate stocks experienced drag.
Stock Market Nifty Chart Prediction.
On March 12, Indian stock market ended with a mixed performance after a volatile trading session.
Nifty edged up by +0.01 per cent to 22,335.70, while the Sensex closed up by +0.22 per cent at 73,667.96.
Top gainers included HDFC Bank, TCS, LTIMindtree, Maruti Suzuki, and Infosys,
Top Losers were Adani Enterprises, Cipla, Grasim Industries, Adani Ports, and SBI.
Except for IT, all other sectors ended in the red, with the realty index down nearly -3.5 per cent.
Additionally, the BSE Midcap index fell by -1.3 per cent, and the Smallcap index shed -2 per cent.
Stock Prediction for 13th March 2024.
STOCK | Good Above | Weak Below |
HDFCLIFE | 625 | 618 |
ICICIBANK | 1081 | 1070 |
RELIANCE | 2970 | 2943 |
HEROMOTOCO | 4700 | 4658 |
Prediction For Wednesday, NIFTY can go up if it goes above 22,500 or down after the level of 22,300 but all depends upon the Global cues.
Today, the Nifty experienced a day of intense volatility in trading. Analysis of the daily charts reveals that the Nifty has been trading within a range of 22230 – 22530 for the past seven sessions. Support levels are seen at 22,300 and 22,000, while immediate resistance is anticipated at 22500 – 22530 on the upside.
Highest Call Writing at | 22,500 (83.3 Lakhs) |
Highest Put Writing at | 22,300 (41.8 Lakhs) |
Nifty Support and Resistance
Support | 22,300, 22,000 |
Resistance | 22,500, 22,530 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, Bank NIFTY can go up if it goes above 48,000 or down after the level of 47,000 but it all depends upon the Global cues.
Bank Nifty saw a modest rebound, closing above the intraday lows but still ending negatively with a decrease of -45 points. Key support levels for the Bank Nifty are situated between 47,000 and 46,180, while resistance is identified in the range of 48,000 to 48,160.
Highest Call Writing at | 48,000 (48.1 Lakhs) |
Highest Put Writing at | 47,000 (23.5 Lakhs) |
Bank Nifty Support and Resistance
Support | 47,000, 46,180 |
Resistance | 48,000, 48,160 |
Also, know How to Invest in USA Stocks from India.
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