In the Stock Market Today, Sensex drops 750 points; Nifty ends below 24,550. Ultratech and BPCL fall 3% on Q1 results, while Infosys gains 2%.
Stock Market Nifty Chart Prediction.
On July 19, The Sensex dropped by 755.48 points, or 0.93%, to 80,587.98, while the Nifty fell by 275.20 points, or 1.11%, to 24,525.60. In the market, 756 shares advanced, 2,618 shares declined, and 74 shares remained unchanged.
Top Nifty gainers: Infosys, ITC, LTIMindtree, Asian Paints and SBI
Top Nifty Losers: Tata Steel, JSW Steel, Hindalco, BPCL and Tech Mahindra.
All sectors witnessed selling and ended with losses.
BSE midcap and smallcap index shed 1% each.
Stock Prediction for 22nd July 2024.
| STOCK | Good Above | Weak Below |
| ASIANPAINT | 2970 | 2940 |
| BHARTIARTL | 1470 | 1450 |
| ICICIBANK | 1260 | 1242 |
| INDIACEM | 346 | 342 |
Prediction For Monday, NIFTY can go up if it goes above 25,000 or down after the level of 24,600 but it all depends upon the Global cues.
Nifty fell on Friday due to weak global cues and U.S.-China trade fears. Despite opening at record highs, it quickly declined and saw significant losses, ending a four-session rally. The index opened 52 points higher, peaked at 24,854, then dropped over 100 points. Resistance is at 25,000-25,500, and support is at 24,600-24,400.
| Highest Call Writing at | 25,000 (81.4 Lakhs) |
| Highest Put Writing at | 24,600 (71.7 Lakhs) |
Nifty Support and Resistance
| Support | 24,600-24,400 |
| Resistance | 25,000- 25,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Monday, Bank NIFTY can go up if it goes above 52,800 or down after the level of 52,000 but it all depends upon the Global cues.
Banknifty is currently trending downwards. If you have short positions, continue to hold them with a daily closing stop loss at 52,757. The resistance levels are 52,800-53,500, and the support levels are 52,000-51,300.
| Highest Call Writing at | 52,800 (14.0 Lakhs) |
| Highest Put Writing at | 52,000 (8.5 Lakhs) |
Bank Nifty Support and Resistance
| Support | 52,000-51,300 |
| Resistance | 52,800-53,500 |
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