In Stock Market Today, Nifty is close to 21,750, with Sensex climbing +483 points. Nifty Bank sees a +1.4% rise.
Stock Market Nifty Chart Prediction.
Indian indices closed higher on Feb 13, Nifty above 21,700, driven by banking. Sensex up +0.68%, Nifty rose +0.59%.
Sectors like bank, healthcare, IT, and capital goods gained +0.4 to +1.5%
Hindalco, Grasim, BPCL, Divis Labs
, UltraTech Cement were top losers,while Coal India, UPL, Axis Bank, SBI Life Insurance, and ICICI Bank were gainers.
BSE midcap and smallcap indices also ended higher, up by +0.6% and +0.2%, respectively.
Stock Prediction for 14th February 2024.
| STOCK | Good Above | Weak Below |
| COFORGE | 6683 | 6630 |
| HINDPERRO | 503 | 498 |
| TATAMOTORS | 912 | 900 |
| ZYDUSLIFE | 863 | 855 |
Prediction For Wednesday, NIFTY can go up if it goes above 21830 or down after the level of 21500 but all depends upon the Global cues.
Nifty started the day with little change and experienced fluctuating prices throughout the session. It moved in both directions before ending approximately 127 points higher. Looking at the daily charts, we can see that Nifty put writers around the 21500 – 21000 zone, which also serves as support for tomorrow. On the other hand, the resistance level is expected to be between 21830 and 22000.
| Highest Call Writing at | 21,830 (90.9 Lakhs) |
| Highest Put Writing at | 21500 (62.7 Lakhs) |
Nifty Support and Resistance
| Support | 21500, 21,000 |
| Resistance | 21,830, 22,000 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, Bank NIFTY can go up if it goes above 46000 or down after the level of 45000 but it all depends upon the Global cues.
Bulls showed strength by protecting the key support level of 45,000 for Bank Nifty, which now acts as a support zone for the next trading day. As long as this support level holds, the index is expected to remain in a buying mode, and any declines should be seen as opportunities to add to long positions. On the upside, the immediate resistance is seen at 46000, with the potential to rise further to 47,000 if this level is breached.
| Highest Call Writing at | 46,000 (40.4 Lakhs) |
| Highest Put Writing at | 45,000 (39.3 Lakhs) |
Bank Nifty Support and Resistance
| Support | 45,000, 43,000 |
| Resistance | 46,000, 47,000 |
Also, check our Article on How to Find Top Stocks for Your Portfolio.
Indulge in the Practical World of Options by Clicking Here
.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.
