Home » Stock Market Prediction for Nifty & Bank Nifty 18 Sep 2023

Stock Market Prediction for Nifty & Bank Nifty 18 Sep 2023

In Stock markets surged to fresh record highs with the Nifty reaching around 20,200, and the Sensex gained 320 points.

Stock Market Nifty Chart Prediction.

On September 15, Indian equity indices continued their record-breaking streak with the Nifty crossing 20,200 for the first time, supported by mixed trends in various sectors; the Sensex closed up 319.63 points (0.47 percent) at 67,838.63, while the Nifty gained 89.20 points (0.44 percent) to reach 20,192.30, buoyed by positive global cues and final-hour surges in auto, IT, and banking sectors, resulting in a weekly increase of nearly 2 percent for both indices and fresh record highs of 67,927.23 and 20,222.45, respectively.

Prediction For Friday NIFTY can go up if it goes above 20225 or go down after the level of 20100 but all depend upon the Global cues.

There are good chances of market going in upward direction as today market was up. It takes support near 20125 and after that it was up . If it goes beyond any level given above it will give a one side move on any side up or down. Nifty gives flat opening, it may move to the level of 20300 or 20100 But all these aspects depend upon the Global cues.

Highest Call Writing at20,200 (72 LK)
Highest Put Writing at20,100 (74 LK)

Nifty Support and Resistance

Support 20125,20100

Bank Nifty Daily Chart Prediction

Prediction For Friday Bank NIFTY can go up if it goes above 46300 or go down after the level of 46150 but all depend upon the Global cues.

Today, BANK NIFTY opened gap up in morning but after that there was up move in bank nifty. But most of the time bank nifty was in range Today bank nifty has again closed in green and closed above its critical level of 46200 which has made bank nifty strong again For Friday you can go with the strategy of buy on dip.

Highest Call Writing at46500 (36 Lakhs)
Highest Put Writing at46000 (40 Lakhs)

Bank Nifty Support and Resistance


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