In the stock market today, Sensex ended flat, Nifty near 24,400, with FMCG stocks HUL, ITC, & Nestle drop 2-6%, while Ultratech gained 3%.
Stock Market Nifty Chart Prediction.
On October 24, the Sensex was down 16.82 points or at 80,065.16, and the Nifty was down 36.10 points at 24,399.40. About 1,509 shares rose, -2,256 fell, and 95 remained unchanged.
Top Nifty gainers: CARE Ratings, Tata Communications, Piramal Pharma, Sona BLW
Top Nifty Losers: KPIT Technologies, Dr Lal PathLabs, Hindustan Unilever, SBI Life.
BSE Midcap index down 0.12% and Smallcap indices down 0.7%
Stock Prediction for 25th Oct 2024.
| STOCK | Good Above | Weak Below |
| APOLLOHOSP | 6985 | 6925 |
| CUMMINSIND | 3422 | 3385 |
| JUBLFOOD | 606 | 600 |
| TITAN | 3345 | 3306 |
Prediction for Friday NIFTY can go up if it goes above 24,500 or down after the level of 24,400, but it all depends upon the Global cues.
Nifty began slightly lower and ended the day down by approximately 30 points. The daily charts indicate that Nifty has been declining for the past four trading sessions, suggesting it may be oversold. Resistance is noted between 24,500 and 24,700, while support levels are found between 24,400 and 24,200.
| Highest Call Writing at | 24,500 (2.2 Crore) |
| Highest Put Writing at | 24,400 (3.3 Crore) |
Nifty Support and Resistance
| Support | 24,400 to 24,200 |
| Resistance | 24,500 to 24,700 |
Bank Nifty Daily Chart Prediction.
Prediction For Friday, Bank NIFTY can go up if it goes above 51,800 or down after the level of 51,500, but it all depends upon the Global cues.
Bank Nifty saw a rebound after three days of declines, but it met resistance in the 51,800 to 52,500 range, resulting in a sell-off. This bounce could be an opportunity to sell. In the short term, we expect Bank Nifty to drift down toward the 51,500 to 51,000 levels.
| Highest Call Writing at | 51,800 (24.4 Lakhs) |
| Highest Put Writing at | 51,500 (18.3 Lakhs) |
Bank Nifty Support and Resistance
| Support | 51,500 to 51,000 |
| Resistance | 51,800 to 52,500 |
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