In the Stock Market Today, Nifty & Sensex close nearly 2% higher after reaching all-time highs; Hindalco & Bharti Airtel rally by around 4%.
Stock Market Nifty Chart Prediction.
On September 12, The Sensex climbed 1,439.55 points, gaining to close at 82,962.71, while the Nifty advanced 470.40 points, reaching 25,388.90. Approximately 2,228 stocks gained, -1,564 declined, and 103 remained unchanged.
Top Nifty gainers: Minda Corp, Varun Beverages, Zomato, Thermax,
Top Nifty Losers: NestleInd,
In addition, all sectoral indices saw gains, with the metals, automobiles, capital goods, technology, and power sectors rising by 2-4%.
BSE midcap index was up by 1.3% and Smallcap index gain 0.7%
Stock Prediction for 13th Sept 2024.
| STOCK | Good Above | Weak Below |
| HDFCBANK | 1665 | 1650 |
| INDUSTOWER | 436 | 430 |
| LTTS | 5738 | 5680 |
| TATAPOWER | 441 | 436 |
Prediction For Friday, NIFTY can go up if it goes above 25,500 or down after the level of 25,300, but it all depends upon the Global cues.
Nifty started the day on a flat note and consolidated during the first half of the session. A strong rally in the final hour pushed the index to close with a gain of 470 points. The daily charts show that Nifty has broken out of its sideways consolidation, moving upward. Resistance is now seen in the 25,500–25,800 range, while support lies between 25,300 and 25,000 on the downside.
| Highest Call Writing at | 25,500 (2.0 Crore) |
| Highest Put Writing at | 25,300 (1.6 Crore) |
Nifty Support and Resistance
| Support | 25,300 and 25,000 |
| Resistance | 25,500 and 25,800 |
Bank Nifty Daily Chart Prediction.
Prediction For Friday, Bank NIFTY can go up if it goes above 52,000 or down after the level of 51,000 but it all depends upon the Global cues.
In the previous trading session, Bank Nifty entered a positive trend. A long position can be taken with a stop loss at 50,894 based on a daily close. Bank Nifty has also broken out of its consolidation phase, beginning its upward movement toward the 52,000–52,500 range. The momentum is likely to persist over the coming trading sessions. The support area lies between 51,000 and 50,500.
| Highest Call Writing at | 52,000 (16.5 Lakhs) |
| Highest Put Writing at | 51,000 (18.9 Lakhs) |
Bank Nifty Support and Resistance
| Support | 51,000 and 50,500 |
| Resistance | 52,000 and 52,500 |
Power of Algorithms in Options Trading, Try Spider Now: Register Now
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. 
