In today’s stock market, Market continues its upward trend for the 5th day; Sensex rises by 600 points, Nifty surpasses 23,300.
Stock Market Nifty Chart Prediction
On March 24, Sensex was up 557.45 points at 76,905.51, and the Nifty was up 159.75 points at 23,350.40. About 2,695 shares advanced, -1,181 shares declined, and 118 shares remained unchanged.
Top Nifty gainers: BPCL, ONGC, SBI Life Insurance, NTPC, Bajaj Finance
Top Nifty Losers: Hindalco Industries, Wipro, Trent, Infosys, Tata Steel.
All sectoral indices ended in the green, except for consumer durables and metal, with oil & gas, media, and telecom rising by 2 points each.
BSE Midcap and smallcap indices added 1-2 percent.
Stock Prediction for 24th March 2025
| STOCK | Good Above | Weak Below |
| BHARTARTL | 1725 | 1710 |
| HCLTECH | 1575 | 1560 |
| INDHOTEL | 834 | 826 |
| LUPIN | 2120 | 2095 |
Prediction for Monday NIFTY can go up if it goes above 23,400 or down after the level of 23,100, but it all depends upon the Global cues.
NIFTY is currently in an uptrend. If you have long positions, you can continue holding them, but set a stop-loss at 22,854 on a daily closing basis. You can start a short position if NIFTY closes below 22,854. The resistance levels are between 23,400 and 23,800, and support is between 23,100 and 22,600.
| Highest Call Writing at | 23,400 (96.7 Lakh) |
| Highest Put Writing at | 23,100 (1.3 Crore) |
Nifty Support and Resistance
| Support | 23,100 and 22,600 |
| Resistance | 23,400 and 23,800 |
Bank Nifty Daily Chart Prediction
Prediction For Monday, Bank NIFTY can go up if it goes above 50,600 or down after the level of 50,000, but it all depends upon the Global cues.
Banknifty is currently in an uptrend. If you are holding long positions, continue to hold them with a daily closing stop-loss at 49,424. You can consider opening a short position if Banknifty closes below 49,424. On the upside, resistance is expected between 50,600 and 51,000, while support is seen between 50,000 and 49,000.
| Highest Call Writing at | 50,000 (17.9 Lakh) |
| Highest Put Writing at | 50,600 (25.5 Lakh) |
Bank Nifty Support and Resistance
| Support | 50,000 and 49,000. |
| Resistance | 50,600 and 51,000 |
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