In the stock market today, Nifty ends above 25,100, with the Sensex climbing 592 points, boosted by IT, realty, and bank stocks.
Stock Market Nifty Chart Prediction.
On October 14, The Sensex fell by 230.05 points, to 81,381.36, while the Nifty dropped 34.20 points, to 24,964.30. Approximately 2,040 stocks gained, -1,675 declined, and 119 remained unchanged.
Top Nifty gainers: Wipro, Tech Mahindra, HDFC Life, L&T, HDFC Bank
Top Nifty Losers: ONGC, Maruti Suzuki, Tata Steel, Bajaj Finance and Adani Enterprises.
All sectoral indices, except metal and media, closed in positive territory, with Information Technology, banking, and real estate sectors each gaining 1%.
BSE midcap index was up 0.3% and smallcap index ended flat.
Stock Prediction for 15th Oct 2024.
| STOCK | Good Above | Weak Below |
| BHARTIARTL | 1701 | 1681 |
| NMDC | 238 | 233 |
| SHRIRAMFIN | 3400 | 3360 |
| UNITDSPR | 1541 | 1521 |
Prediction For Tuesday, NIFTY can go up if it goes above 25,200 or down after the level of 25,000, but it all depends upon the Global cues.
Nifty opened with a gap up and maintained a positive trend throughout the day, closing with a gain of approximately 164 points. The daily charts indicate that Nifty has resumed its upward movement toward 25,500 after a brief consolidation phase lasting three days. We anticipate that this upward momentum will persist in the coming trading sessions, targeting the 25,200 – 25,500 range. The support level has now shifted higher to 25,000 – 24,700.
| Highest Call Writing at | 25,200 (65.5 Crore) |
| Highest Put Writing at | 25,000 (67.0 Crore) |
Nifty Support and Resistance
| Support | 25,000 and 24,700. |
| Resistance | 25,200 and 25,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 51,900 or down after the level of 51,500, but it all depends upon the Global cues.
Bank Nifty has broken out of a three-day consolidation phase on the upside and is gradually approaching the 52,500 mark, aligning with the 20-day moving average. The support base has shifted higher to the 51,500 – 51,000 range, while resistance is seen between 51,900 and 52,600.
| Highest Call Writing at | 51,900 (24.8 Lakhs) |
| Highest Put Writing at | 51,500 (23.3 Lakhs) |
Bank Nifty Support and Resistance
| Support | 51,500 and 51,000 |
| Resistance | 51,900 and 52,600 |
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