In the Stock Market Today, Sensex rises by 622 points, Nifty crosses 24,500; IT surges, real estate falls behind.
Stock Market Nifty Chart Prediction.
On July 12, The Sensex increased by 622 points, or 0.78%, reaching 80,519.34, while the Nifty rose by 186.20 points, or 0.77%, to 24,502.20. Approximately 1,595 shares advanced, 2,186 shares fell, and 98 shares remained unchanged.
Top Nifty gainers: TCS, Wipro, LTIMindtree, Infosys and HCL Technologies
Top Nifty Losers: Maruti Suzuki, Divis Labs, BPCL, Coal India and Asian Paints.
In sector performance, the Information Technology index jumped by 4.5%, and the Media index gained over 2%. Conversely, the Realty index dropped by 1.5%, the Power index decreased by nearly 1%, and the Capital Goods and Auto indices each fell by 0.5%.
BSE midcap and smallcap indices ended with marginal losses.
Stock Prediction for 15th July 2024.
STOCK | Good Above | Weak Below |
AARTIIND | 709 | 702 |
ACC | 2704 | 2668 |
DIVISLAB | 4556 | 4522 |
TATACONSUM | 1160 | 1145 |
Prediction For Monday, NIFTY can go up if it goes above 25,000 or down after the level of 24,400 but it all depends upon the Global cues.
Nifty rebounded strongly, reaching a new high above the 24,500 mark, driven by major IT stocks. The index closed with a significant gain of 196 points, settling at 24,512. Most sectors finished in the green, with notable buying in IT, Oil & Gas, and Banking. IT stocks experienced a fresh surge, rising by 4% following TCS’s results, which met expectations. The resistance level is now at 25,000-25,500, while the support level is at 24,400-24,000.
Highest Call Writing at | 25,000 (68.2 Lakhs) |
Highest Put Writing at | 24,400 (51.4 Lakhs) |
Nifty Support and Resistance
Support | 24,400-24,000 |
Resistance | 25,000- 25,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Monday, Bank NIFTY can go up if it goes above 53,000 or down after the level of 52,000 but it all depends upon the Global cues.
Bank Nifty experienced volatility throughout the day but ultimately closed unchanged. Sentiment is likely to stay bullish, making a buy-on-dips strategy appealing from the current outlook. The resistance level is at 53,000-54,000, while the support level is at 52,000-51,100.
Highest Call Writing at | 53,000 (22.6 Lakhs) |
Highest Put Writing at | 52,000 (18.9 Lakhs) |
Bank Nifty Support and Resistance
Support | 52,000-51,100 |
Resistance | 53,000-54,000 |
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.
I found great pleasure in reading your thoughtful blog article. The views and concepts you expressed were tremendously useful.
I thoroughly enjoyed reading your insightful blog post. Your perspectives and ideas were incredibly helpful.