In today’s stock market, Nifty and Sensex closed slightly higher amid volatility, led by gains in pharma, metal, and financial stocks.
Stock Market Nifty Chart Prediction
On February 17, Sensex gained 57.65 points, reaching 75,996.86, while the Nifty rose by 30.25 points to 22,959.50. A total of 1,286 shares moved higher, 2,625 shares declined, and 135 shares remained unchanged.
Top Nifty gainers: Bajaj Finserv, Adani Enterprises, Power Grid Corp, IndusInd Bank & Shriram Finance
Top Nifty Losers: M&M, Bharti Airtel, Wipro, TCS, Infosys.
In sectors, auto, IT, telecom, and media dropped by 0.5-1%, while pharma, PSU Bank, energy, consumer durables, and metal stocks increased by 0.5-1%.
The BSE Midcap index rose by 0.5%, while the Smallcap index fell by 0.6%.
Stock Prediction for 18th Feb 2025
| STOCK | Good Above | Weak Below |
| DALBHARAT | 1810 | 1790 |
| DIVISLAB | 5950 | 5890 |
| HDFCBANK | 1725 | 1705 |
| SHRIRAMFIN | 552 | 546 |
Prediction for Tuesday NIFTY can go up if it goes above 23,000 or down after the level of 22,800, but it all depends upon the Global cues.
The market experienced notable ups and downs today. After a sharp decline in the opening session, the index slowly recovered and ended at 22,959.50, gaining 30.25 points. The Pharma and Metal sectors were the top performers, while Media and IT sectors struggled. Resistance is expected between 23,000 and 23,200, with support levels around 22,800 and 22,500.
| Highest Call Writing at | 23,000 (1.2 Cr) |
| Highest Put Writing at | 22,800 (62.0 Lk) |
Nifty Support and Resistance
| Support | 22,800 and 22,500 |
| Resistance | 23,000 and 23,200 |
Bank Nifty Daily Chart Prediction
Prediction For Tuesday, Bank NIFTY can go up if it goes above 49,700 or down after the level of 49,000, but it all depends upon the Global cues.
Bank Nifty started the session with a gap-up opening but faced volatility-driven profit booking, closing in the red at 49,099. From a technical perspective, a red candle has emerged on both daily and weekly charts, signaling weakness. Resistance is positioned between 49,700 and 50,000, while support is in the 49,000-48,500 range.
| Highest Call Writing at | 49,700 (19.6 Lakh) |
| Highest Put Writing at | 49,000 (13.1 Lakh) |
Bank Nifty Support and Resistance
| Support | 49,000 and 48,500 |
| Resistance | 49,700 and 50,000 |
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