In the stock market today, Nifty closed over 25,900, and Sensex gained 300 points, with strong performance from PSU banks and real estate.
Stock Market Nifty Chart Prediction.
On September 23, the Sensex rose by 384.30 points to reach 84,928.61, while the Nifty increased by 148.05 points to 25,939. About 2274 shares advanced, 1661 shares declined, and 118 shares unchanged
Top Nifty gainers: M&M, ONGC, Bajaj Auto, SBI Life Insurance, Hero MotoCorp
Top Nifty Losers: Eicher Motors, Divis Labs, ICICI Bank, Tech Mahindra, and IndusInd Bank.
Meanwhile, sectors like auto, energy, FMCG, metal, pharma, and media gained between 0.5% and 1%. However, the Information Technology index fell by 0.5%.
The BSE midcap index and smallcap indices were up 0.7 percent each.
Stock Prediction for 24th Sept 2024.
| STOCK | Good Above | Weak Below |
| CIPLA | 1665 | 1640 |
| HDFCLIFE | 730 | 722 |
| INDIGO | 4945 | 4900 |
| JINDALSTEL | 1024 | 1008 |
Prediction For Tuesday, NIFTY can go up if it goes above 26,000 or down after the level of 26,500, but it all depends upon the Global cues.
A large bullish candle appeared on the daily chart, signaling a strong breakout upward straight third session. Critical support levels are maintained between 25,800 -25,500, while resistance is seen in the 26,000 and 26,500 range.
| Highest Call Writing at | 26,000 (1.2 Cr) |
| Highest Put Writing at | 25,800 (91.6 Lakhs) |
Nifty Support and Resistance
| Support | 25,800 to 25,500 |
| Resistance | 26,000 to 26,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, 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 54,200 and 54,500, while support is found in the 53,700 to 53,000 range.
| Highest Call Writing at | 54,200 (29.5 Lakhs) |
| Highest Put Writing at | 53,000 (26.4 Lakhs) |
Bank Nifty Support and Resistance
| Support | 54,200 to 54,500 |
| Resistance | 53,700 to 53,000 |
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