In the Stock Market Today, Sensex climbed 111 points; Nifty stayed above 22100. Top gainers included Asian Paints, Sun Pharma, HDFC Bank, and TCS.
Stock Market Nifty Chart Prediction.
On May 13, Sensex climbed by 145 points, reaching 72,809. Meanwhile, the Nifty 50 gained 64 points, to settle at 22,120. Advancing shares totaled 1,533, while declining shares amounted to -2,001, with 92 shares remaining unchanged.
Top Nifty gainers: ASIAN PAINT, SUNPHARMA, HDFCBANK, TCS, and TATA STEEL
Top Nifty Losers: TATAMOTORS, NTPC, BHARTIARTL, TITAN, SBIN and NESTLEIND
Leading the sectoral gains, Nifty Pharma soared by 1.8%, followed by Nifty Metal and Realty, both showing a rise of 1.3%. Nifty Bank witnessed an increase of 0.7%, while Nifty IT registered a gain of 0.4%. Conversely, Nifty Auto experienced a decline of 1.68%, trailed by Nifty PSU Bank and Oil & Gas, which dropped by 1.2% and 0.8% respectively.
Stock Prediction for 14th May 2024.
| STOCK | Good Above | Weak Below |
| BPCL | 608 | 600 |
| HINDALCO | 633 | 625 |
| DIVISLAB | 3910 | 3875 |
| ICICIBANK | 1125 | 1105 |
Prediction For Tuesday, NIFTY can go up if it goes above 22,300 or down after the level of 21,800 but all depends upon the Global cues.
Nifty displays a hammer pattern, suggesting a possible bullish turnaround after a correction phase. The resistance range is noted between 22,300 to 22,500, while the support range lies between 21,800 to 21,500.
| Highest Call Writing at | 22,300 (53.3 Lakhs) |
| Highest Put Writing at | 21,800 (46.8 Lakhs) |
Nifty Support and Resistance
| Support | 21,800, 21,500 |
| Resistance | 22,300, 22,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 48,000 or down after the level of 47,500 but it all depends upon the Global cues.
Bank Nifty index demonstrated a strong recovery from lower levels, firmly holding its support. The support level is identified within the range of 47,200 to 46,300, with resistance anticipated between 48,000 to 48,500.
| Highest Call Writing at | 48,000 (29.4 Lakhs) |
| Highest Put Writing at | 47,200 (23.6 Lakhs) |
Bank Nifty Support and Resistance
| Support | 47,200, 46,300 |
| Resistance | 48,000, 48,500 |
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