In the Stock Market Today, the Sensex has risen 100 points, while the Nifty is trading above 25,400. Bajaj Housing has surged.
Stock Market Nifty Chart Prediction.
On September 17, The Sensex ended the day at 83,079.66 points, rising by 90.88 points. The Nifty 50 Index closed at 25,418.55 points, up by 34.80 points. Among the listed companies, 1,713 advanced, 2,236 declined, and 109 remained unchanged
Top Nifty gainers: Bharti Airtel, NTPC, M&M, Titan
Top Nifty Losers: Tata Motors, Eicher Motors, Maruti Suzuki, Adani Ports and BPCL
All sectoral indices closed positive, except for IT, FMCG, and private banks.
BSE midcap index ended flat, while smallcap index was up 0.3%.
Stock Prediction for 18th Sept 2024.
| STOCK | Good Above | Weak Below |
| BHARATFORG | 1600 | 1580 |
| JINDALSTEL | 1060 | 1040 |
| LT | 3700 | 3660 |
| TATAPOWER | 446 | 441 |
Prediction For Wednesday, NIFTY can go up if it goes above 25,500 or down after the level of 25,350, but it all depends upon the Global cues.
The Nifty is holding steady near its all-time high, where it faces trendline resistance. If it breaks out of the current trading range, it could show a clear direction. Immediate support is at 25,350-25,000. On the upside, resistance is between 25,500 and 25,700, and if the Nifty moves past this range, a strong rise could follow. Critical support levels are maintained between 25,350-25,000, while resistance is seen in the 25,500 and 25,700 range.
| Highest Call Writing at | 25,500 (62.1 Lakhs) |
| Highest Put Writing at | 25,350 (48.9 Lakhs) |
Nifty Support and Resistance
| Support | 25,350-25,000 |
| Resistance | 25,500- 25,700 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, Bank NIFTY can go up if it goes above 52,500 or down after the level of 52,000 but it all depends upon the Global cues.
Banknifty is showing a positive trend at the moment. If you have long positions, it is advised to maintain them. Resistance is located between 52,500 and 53,000, while support is found in the 52,000 to 51,000 range.
| Highest Call Writing at | 52,500 (36.1 Lakhs) |
| Highest Put Writing at | 52,000 (26.7 Lakhs) |
Bank Nifty Support and Resistance
| Support | 52,000 to 51,000 |
| Resistance | 52,500 and 53,000 |
Power of Algorithms in Options Trading, Try Spider Now: Register Now
If you’d like to know how we analyze the market and provide accurate levels every day. then click on the Free Demo button below and change your trading life for good. 5X returns are possible in options trading If you have Spider Software in your trading system.
Disclaimer: The information provided in this Blog is for educational purposes only and should not be construed as financial advice. Trading in the stock market involves a significant level of risk and can result in both profits and losses. Spider Software & Team does not guarantee any specific outcome or profit from the use of the information provided in this Blog. It is the sole responsibility of the viewer to evaluate their own financial situation and to make their own decisions regarding any investments or trading strategies based on their individual financial goals, risk tolerance, and investment objectives. Spider Software & Team shall not be liable for any loss or damage, including without limitation any indirect, special, incidental or consequential loss or damage, arising from or in connection with the use of this blog or any information contained herein. 
