In the Stock Market Today, Indian stock indices closed lower, with the Sensex down 131.43 points and the Nifty down 41 points at 25,377.50.
Stock Market Nifty Chart Prediction.
On September 18, the Sensex fell by 131.43 points, closing at 82,948.23. The Nifty also dropped by 41 points, finishing at 25,377.50. Among the listed companies, 1453 shares advanced, 2343 shares declined, and 105 shares unchanged.
Top Nifty gainers: TCS, HCL Technologies, Infosys, Tech Mahindra and Wipro
Top Nifty Losers: Bajaj Finance, Shriram Finance, Bajaj Finserv, ICICI Bank and Nestle India.
All other sectoral indices closed lower, with Information Technology dropping more than 3%. The auto, pharma, metal, and oil & gas sectors fell by 0.5% to 1%.
The BSE midcap index fell by 0.7%, while the smallcap index dropped by 0.5%.
Stock Prediction for 19th Sept 2024.
| STOCK | Good Above | Weak Below |
| BAJAJFINSV | 1892 | 1870 |
| BALRAMCHIN | 576 | 570 |
| INDUSINDBK | 1482 | 1463 |
| M&M | 2820 | 2782 |
Prediction For Thursday, NIFTY can go up if it goes above 25,500 or down after the level of 25,000, but it all depends upon the Global cues.
The Nifty index hit a new high before the Federal Reserve’s announcement, but profit-taking led to a close about 130 points lower than the day’s peak. Immediate support is at 25,300. Critical support levels are maintained between 25,000-24,900, while resistance is seen in the 25,500 and 25,700 range.
| Highest Call Writing at | 25,500 (1.1 Cr) |
| Highest Put Writing at | 25,000 (71.8 Lakhs) |
Nifty Support and Resistance
| Support | 25,000-24,900 |
| Resistance | 25,500- 25,700 |
Bank Nifty Daily Chart Prediction.
Prediction For Thursday, Bank NIFTY can go up if it goes above 53,000 or down after the level of 52,200 but it all depends upon the Global cues.
Banknifty is showing a positive trend at the moment. Even though the market closed lower, the Bank Nifty stayed strong and formed a green candle. Resistance is located between 53,000 and 53,200, while support is found in the 52,200 to 52,000 range.
| Highest Call Writing at | 53,000 (76.1 Lakhs) |
| Highest Put Writing at | 52,200 (63.7 Lakhs) |
Bank Nifty Support and Resistance
| Support | 52,200 to 52,000 |
| Resistance | 53,000 and 53,200 |
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