In the Stock Market Today, Sensex and Nifty close slightly higher; real estate performs well, while metals lag.
Stock Market Nifty Chart Prediction.
On April 23, Sensex rose by 89.83 points, closing at 73,738.45, while the Nifty gained 31.60 points, to finish at 22,368. In today’s trading, 2,224 shares advanced, -1,450 declined, and 109 remained unchanged.
Top Nifty gainers: Grasim Industries, Bharti Airtel, Nestle India, Maruti Suzuki and HCL Technologies,
Top Nifty Losers: Sun Pharma, BPCL, Reliance Industries, M&M and Hindalco Industries.
Sectors like FMCG, power, IT, realty, and auto saw gains between 0.4 and 2 percent, whereas healthcare, metals, oil & gas, and energy sectors dipped by 0.3 to 0.8%.
BSE midcap index rose 0.5 percent and smallcap index gained 1%.
Stock Prediction for 24th April 2024.
| STOCK | Good Above | Weak Below |
| CONCOR | 954 | 942 |
| HAVELLS | 1560 | 1541 |
| LT | 3640 | 3560 |
| TATAPOWER | 435 | 427 |
Prediction For Wednesday, 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 moved sideways and did not show any significant directional change. It might face resistance between 22,400 and 22,500; breaking above 22,500 could lead to a rally. On the lower side, if it drops below the support level of 22,200 to 22,000, it could weaken the positive market mood.
| Highest Call Writing at | 22,400 (94.7 Lakhs) |
| Highest Put Writing at | 22,200 (92.4 Lakhs) |
Nifty Support and Resistance
| Support | 22,200, 22,000 |
| Resistance | 22,400, 22,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, 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 started higher at 48,300, up from yesterday’s close of 47,925. However, it lost most of those gains and is now close to where it ended yesterday. The resistance level is between 48,300 and 48,500, and the support level is between 47,900 and 47,700.
| Highest Call Writing at | 48,300 (40.9 Lakhs) |
| Highest Put Writing at | 47,900 (29.3 Lakhs) |
Bank Nifty Support and Resistance
| Support | 47,900, 47,700 |
| Resistance | 48,300, 48,500 |
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