Home » Stock Market Prediction for Nifty & Bank Nifty 23rd Sept 2024.

Stock Market Prediction for Nifty & Bank Nifty 23rd Sept 2024.

This image is about prediction for 23rd sept 2024

In the stock market today, Nifty closes above 25,750 for the first time, Sensex rises 1,360 points; real estate index increases by 3%.

Stock Market Nifty Chart Prediction.

The picture is of the Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on Sept 23, 2024.

The image displays Intraday version of the Nifty Stock Market chart, used for predicting on Sept 23, 2024
Zoomed Nifty Chart in Intraday Time Frame.

On September 20, the Sensex rose by 1,359.51 points, closing at 84,544.31. The Nifty increased by 375.20 points, or finishing at 25,791. About 2346 shares advanced, 1434 shares declined, and 103 shares unchanged.

Top Nifty gainers: M&M, ICICI Bank, JSW Steel, Bharti Airtel and L&T
Top Nifty Losers: Grasim Industries, SBI, IndusInd Bank, TCS and Bajaj Finance.

All sector indices finished higher, with auto, banking, capital goods, healthcare, FMCG, power, telecom, metal, and real estate gaining between 1% and 3%.

BSE midcap and smallcap indices up 1 percent each.

Stock Prediction for 23rd Sept 2024
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Prediction For Monday, NIFTY can go up if it goes above 26,000 or down after the level of 26,250, but it all depends upon the Global cues.

A large bullish candle appeared on the daily chart, signaling a strong breakout upward after several days of price movement within a narrow range. Critical support levels are maintained between 25,500 -25,300, while resistance is seen in the 26,000 and 26,250 range.

Highest Call Writing at
26,000 (1.8 Cr)
Highest Put Writing at
25,500 (91 Lakhs)

Nifty Support and Resistance

Support 25,500 -25,300
Resistance
26,000 – 26,250

Bank Nifty Daily Chart Prediction.

The picture is of the Bank Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on Sept 23, 2024.

Prediction For Monday, Bank NIFTY can go up if it goes above 54,000 or down after the level of 53,000 but it all depends upon the Global cues.

Banknifty is showing a positive trend at the moment. From the past three sessions, the Bank Nifty stayed strong and formed a green candle. Resistance is located between 54,000 and 54,500, while support is found in the 53,000 to 52,800 range.

Highest Call Writing at54,000 (23.0 Lakhs)
Highest Put Writing at 53,000 (24.4 Lakhs)

Bank Nifty Support and Resistance

Support53,000 and 52,800
Resistance
54,000 and 54,500

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