In today’s stock market, Nifty crosses 23,150, Sensex rises 170 points; auto and metal stocks gain, IT and FMCG stocks fall.
Stock Market Nifty Chart Prediction
On January 14, Sensex rose 169.62 points to 76,499.63, and the Nifty gained 90.10 points to 23,176.05. About 2,752 shares advanced, 1,049 shares declined, and 103 shares remained unchanged.
Top Nifty gainers: Adani Enterprises, Adani Ports, NTPC, Hindalco and Shriram Finance
Top Nifty Losers: HCL Tech, HUL, Apollo Hospitals, Titan Company and TCS.
On the sectoral front, all indices ended in the green except IT and FMCG.
The BSE Midcap index gained 2 percent, while the Smallcap index increased by 1.7 percent.
Stock Prediction for 15th Jan 2025
| STOCK | Good Above | Weak Below |
| BAJAJFINSV | 1740 | 1720 |
| BSE | 5460 | 5400 |
| KOTAKBANK | 1764 | 1745 |
| MGL | 1278 | 1264 |
Prediction for Wednesday NIFTY can go up if it goes above 23,200 or down after the level of 23,100, but it all depends upon the Global cues.
On the daily chart, Nifty formed a Gravestone Doji and a Bullish Harami candlestick. The intraday market appears non-directional, with traders likely waiting for a breakout in either direction. A move above 23,340 could trigger short covering, while the downtrend will remain intact if not. Support levels are between 23,100 and 22,750, and resistance is around 23,200 and 23,500.
| Highest Call Writing at | 23,200 (1.1 cr) |
| Highest Put Writing at | 23,100 (1.1 cr) |
Nifty Support and Resistance
| Support | 23,100 and 22,750 |
| Resistance | 23,200 and 23,500 |
Bank Nifty Daily Chart Prediction
Prediction For Wednesday, Bank NIFTY can go up if it goes above 48,500 or down after the level of 47,900, but it all depends upon the Global cues.
Traders may consider buying with a stop-loss at 48,729 based on the daily closing price. Immediate support is at 48,200 and 47,900, which could prevent further declines. On the upside, resistance levels to watch are 48,900 and 49,600, signaling potential breakouts. Traders should closely monitor these levels for informed entry and exit decisions.
| Highest Call Writing at | 47,900 (45.0 Lakh) |
| Highest Put Writing at | 48,500 (51.1 Lakh) |
Bank Nifty Support and Resistance
| Support | 48,200 and 47,900 |
| Resistance | 48,900 and 49,600 |
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