In today’s stock market, Tariff relief boosts stock markets as Nifty tops 23,300 and Sensex jumps 1,650 points today.
Stock Market Nifty Chart Prediction
On April 15, Sensex was up 1,577 points at 76,734, and the Nifty was up 500 points at 23,328. About 2,547 shares advanced, -377 shares declined, and 85 shares unchanged.
Top Nifty gainers: IndusInd Bank, Shriram Finance, L&T, Tata Motors, Axis Bank
Top Nifty Losers: HUL and ITC
All the sectoral indices ended in the green with realty index up more than 5 percent.
BSE Midcap and smallcap indices rose 3 percent each.
Stock Prediction for 16th April 2025
| STOCK | Good Above | Weak Below |
| INDHOTEL | 841 | 833 |
| LODHA | 1222 | 1207 |
| HAVELLS | 1575 | 1560 |
| HDFCBANK | 1875 | 1855 |
Prediction for Wednesday NIFTY can go up if it goes above 23,370 or down after the level of 23,200, but it all depends upon the Global cues.
Nifty began the shortened week on a strong note, supported by positive global cues like lower tariffs. Despite trading in a narrow range, it closed higher at 23,328.55, gaining 500 points. The trend remains positive, and long positions can be held with a daily closing stoploss at 22,427. Key resistance is seen between 23,370–23,600, while support lies in the 23,200–23,000 range.
| Highest Call Writing at | 23,370 (1.1 Crore) |
| Highest Put Writing at | 23,200 (1.0 Crore) |
Nifty Support and Resistance
| Support | 23,200–23,000 |
| Resistance | 23,370–23,600 |
Bank Nifty Daily Chart Prediction
Prediction For Wednesday, BANKNIFTY can go up if it goes above 52,470 or down after the level of 51,700, but it all depends upon the Global cues.
Bank Nifty has turned positive in the last trading session, closing at 52,380. You can consider long positions with a daily closing stoploss at 50,093. The index will remain strong as long as it stays above this level. On the upside, resistance is expected around 52,470 to 53,000, while support is seen between 51,700 and 51,000.
| Highest Call Writing at | 52,470 (14.5 Lakh) |
| Highest Put Writing at | 51,700 (11.4 Lakh) |
Bank Nifty Support and Resistance
| Support | 51,700 and 51,000 |
| Resistance | 52,470 to 53,000 |
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