In the Stock Market Today, Nifty climbs past 22,300 and the Sensex gains 560 points, with all sectors witnessing growth.
Stock Market Nifty Chart Prediction.
On April 22, Sensex increased by 560.29 points, reaching 73,648.62, while the Nifty rose by 189.40 points, to 22,336.40. Market activity saw 2,465 shares advancing, -1,148 declining, and 134 remaining unchanged.
Top Nifty gainers: BPCL, Tata Consumer Products, Eicher Motors, L&T and Shriram Finance,
Top Nifty Losers: NTPC, HDFC Bank, JSW Steel, IndusInd Bank and Tata Steel.
Every sectoral index finished higher, with increases of 1-3 percent in sectors such as Auto, PSU Bank, Capital Goods, Oil & Gas, FMCG, Healthcare, and Realty.
BSE midcap and smallcap indices each saw gains of 1%.
Stock Prediction for 23rd April 2024.
| STOCK | Good Above | Weak Below |
| ADANIPORTS | 1332 | 1314 |
| BAJAJFINSV | 1640 | 1620 |
| GLENMARK | 1045 | 1030 |
| IRCTC | 1008 | 995 |
Prediction For Tuesday, NIFTY can go up if it goes above 22,400 or down after the level of 22,200 but all depends upon the Global cues.
Nifty started the day with a gap up and remained stable for most of the session. A late rally ensured that Nifty closed with significant gains for the second day in a row. According to the daily charts, the 22,200 – 22,000 range is expected to provide support if there’s a downturn. On the upside, the Nifty is anticipated to extend its rise, potentially reaching between 22,400 and 22,600.
| Highest Call Writing at | 22,400 (76.2 Lakhs) |
| Highest Put Writing at | 22,200 (1.0 Crore) |
Nifty Support and Resistance
| Support | 22,200, 22,000 |
| Resistance | 22,400, 22,600 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 48,300 or down after the level of 47,700 but it all depends upon the Global cues.
Bank Nifty, the upward trend is expected to persist until it reaches the 48,300 to 48,500 range, which aligns with the gap area created on April 15th. The momentum indicators also support the continuation of positive momentum. On the lower side, the essential support zone lies between 47,700 and 47,300.
| Highest Call Writing at | 48,300 (30.7 Lakhs) |
| Highest Put Writing at | 47,700 (24.4 Lakhs) |
Bank Nifty Support and Resistance
| Support | 47,700, 47,300 |
| Resistance | 48,300, 48,500 |
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