Home » Stock Market Prediction for Nifty & Bank Nifty 20th February 2025

Stock Market Prediction for Nifty & Bank Nifty 20th February 2025

This image is about stock market prediciton for 20th February 2025

In today’s stock market, Sensex and Nifty stayed the same, with IT and pharma sectors falling, while metal and real estate sectors saw gains.

Stock Market Nifty Chart Prediction

On February 19, Sensex fell by 28.21 points to 75,939.18, and the Nifty dropped by 12.40 points to 22,932.90. Of the total shares, 2,724 went up, –1,079 went down, and 107 remained the same.

Top Nifty gainers:  Bharat Electronics, Hindalco, L&T, Axis Bank, Eicher Motors.
Top Nifty Losers: Dr Reddy’s Labs, TCS, HUL, Infosys, Adani Enterprises 

The IT sector dropped by 1.3%, and the pharma sector fell by 0.7%, while sectors like media, energy, metal, PSU banks, real estate, and capital goods gained 1-2%.

BSE Midcap index was up 1.3 percent and Smallcap index added 2.4 percent.

Stock Prediction for 20th Feb 2025

Prediction for Thursday NIFTY can go up if it goes above 23,000 or down after the level of 22,700, but it all depends upon the Global cues.

The market showed signs of recovery and traded in a narrow range throughout the session. It opened lower due to concerns over a trade war related to tariffs. After a brief decline, the Nifty bounced back in the morning but couldn’t maintain the gains due to weak buying and pressure on a few large stocks. Resistance is seen between 23,000 and 23,200, while support is found between 22,700 and 22,500.

Highest Call Writing at
23,000 (1.0 Cr)
Highest Put Writing at
22,700 (81.4 Lk)

Nifty Support and Resistance

Support 22,700 and 22,500
Resistance
23,000 and 23,200

Bank Nifty Daily Chart Prediction

Prediction For Thursday, Bank NIFTY can go up if it goes above 49,500 or down after the level of 48,800, but it all depends upon the Global cues.

The Banknifty is currently in a downtrend. If you have short positions, continue holding them with a stop loss at the daily close of 49,645. You can consider opening new long positions if Banknifty closes above 49,645. Resistance is positioned between 49,500 and 49,900, while support is found in the 48,800-48,500 range.

Highest Call Writing at49,500 (19.7 Lakh)
Highest Put Writing at48,800 (16.0 Lakh)

Bank Nifty Support and Resistance

Support48,800-48,500
Resistance
49,500 and 49,900

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