In the Stock Market Today, Nifty crosses 25,000; Sensex surges by 612 points with strong performances in IT, metal, and realty sectors.
Stock Market Nifty Chart Prediction.
On August 26, The Sensex increased by 611.90 points, reaching 81,698.11, while the Nifty rose by 187.40 points, to 25,010.60. Approximately 2,075 shares gained, -1,791 shares fell, and 138 shares remained unchanged.
Top Nifty gainers: Hindalco, NTPC, HCL Technologies, Bajaj Finserv and ONGC
Top Nifty Losers: Apollo Hospitals, Hero MotoCorp, Adani Ports, Eicher Motors and Maruti Suzuki.
All sectoral indices, except PSU Bank, closed positively, with Information Technology, Metal, Oil & Gas, and Realty sectors gaining 1-2 percent.
BSE midcap index was up 0.6% and smallcap index was up 0.2%.
Stock Prediction for 27th August 2024.
| STOCK | Good Above | Weak Below |
| ICICIPRULI | 728 | 720 |
| DIVISLAB | 4940 | 4900 |
| ONGC | 330 | 325 |
| RELIANCE | 3030 | 3000 |
Prediction For Tuesday, NIFTY can go up if it goes above 25,100 or down after the level of 25,000, but it all depends upon the Global cues.
The Nifty showed strength all day long. A noticeable green candle appeared on the daily chart following two small red candles, indicating a positive shift in market sentiment. Resistance levels are around 25,100-25,300, while support levels are at 25,000-24,800.
| Highest Call Writing at | 25,100 (77.9 Lakhs) |
| Highest Put Writing at | 25,000 (88.8 Lakhs) |
Nifty Support and Resistance
| Support | 25,000 and 24,800 |
| Resistance | 25,100 and 25,300 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 51,300 or down after the level of 51,000 but it all depends upon the Global cues.
Banknifty is currently in an upward trend. If you have long positions, it is advised to hold them with a daily closing stop-loss at 50,626. Resistance is expected around 51,300-52,000, and support is at 51,000-50,500.
| Highest Call Writing at | 51,300 (31.0 Lakhs) |
| Highest Put Writing at | 51,000 (27.7 Lakhs) |
Bank Nifty Support and Resistance
| Support | 51,000 and 50,500 |
| Resistance | 51,300 and 52,000 |
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