In Stock market closed with gains in a volatile session, with the IT and power sectors showing strength while banks weighed down the overall performance.
Stock Market Nifty Chart Prediction.
Indian equity benchmarks extended their winning streak for a second day on November 22, overcoming early volatility, as the Sensex rose by 0.14 percent to reach 66,023.24, and the Nifty closed at 19,811.80, up 0.14 percent or 28.40 points; mixed global cues initially kept the indices flat, but steady gains in the first half were followed by mid-session selling, pulling the Nifty down towards 19,700, only to see a rebound in the last hour, erasing losses and securing a higher close compared to the previous day.
Prediction For Tomorrow NIFTY can go up if it goes above 19825 or go down after the level of 19700 but all depend upon the Global cue
There are good chances of market going up as today market opened flat and after that it went down tock support near 19700 and then there was up move to close above 19800. If it goes beyond any level given above it will give a one side move on any side up or down. If Nifty gives flat opening, it may move to the level of 19850 or 19750 But all these aspects depend upon the Global cues.
| Highest Call Writing at | 19800 (1.0 crores) |
| Highest Put Writing at | 19800 (82.6 lakhs) |
Nifty Support and Resistance
| Support | 19750,19700 |
| Resistance | 19825,19850 |
Bank Nifty Daily Chart Prediction
Prediction For Tomorrow Bank NIFTY can go up if it goes above 43600 or go down after the level of 44500 but all depend upon the Global cues.
Today, BANK NIFTY opened flat in morning but after that it went down to the level of 43250 tock support then there was some recovery. Today bank nifty has closed in red and closed near its critical level of 43450 which has made bank nifty weak again For Tomorrow. you can go with the strategy of sell on rise.
| Highest Call Writing at | 43800 (49.9 Lakhs) |
| Highest Put Writing at | 43600 (35.7 Lakhs) |
Bank Nifty Support and Resistance
| Support | 43250,43000 |
| Resistance | 43500,43600 |
Also, check our Article on Spinning Top Candlestick Pattern
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.
