Home » Stock Market Prediction for Nifty & Bank Nifty 15th July 2024.

Stock Market Prediction for Nifty & Bank Nifty 15th July 2024.

Stock Market Prediction for Nifty & Bank Nifty 15th July 2024.

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.

The picture is of the Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on July 15, 2024.

The image displays Intraday version of the Nifty Stock Market chart, used for predicting on July 15, 2024.
Zoomed Nifty Chart in Intraday Time Frame.

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
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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.

The picture is of the Bank Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on July 15, 2024.

The image displays Intraday version of the Nifty Bank Stock Market chart, used for predicting on July 15, 2024.
Zoomed Bank Nifty Chart in Intraday Time Frame.

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 at53,000 (22.6 Lakhs)
Highest Put Writing at52,000 (18.9 Lakhs)

Bank Nifty Support and Resistance

Support 52,000-51,100
Resistance
53,000-54,000

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