In today’s stock market, Sensex and Nifty remained flat, with autos performing well and media stocks pulling back.
Stock Market Nifty Chart Prediction
On December 26, Sensex dropped by 0.39 points, settling at 78,472.48, while the Nifty gained 22.55 points, to reach 23,750.20. A total of 1,599 shares advanced, -2,219 shares declined, and 95 shares remained unchanged.
Top Nifty gainers: Adani Ports, Shriram Finance, M&M, Maruti Suzuki, SBI Life Insurance,
Top Nifty Losers: Titan Company, Asian Paints, Nestle, JSW Steel, Grasim Industries.
On the sectoral front, there was buying activity in the auto, energy, pharma, realty, and PSU Bank sectors, while the metal, FMCG, and media sectors witnessed selling.
BSE Midcap and smallcap indices ended flat
Stock Prediction for 27th Dec 2024
| STOCK | Good Above | Weak Below |
| APOLLOTYRE | 542 | 537 |
| BPCL | 297 | 293 |
| SBILIFE | 1420 | 1405 |
| SUNPHARMA | 1850 | 1830 |
Prediction for Friday NIFTY can go up if it goes above 23,900 or down after the level of 23,600, but it all depends upon the Global cues.
NIFTY is presently showing a downward trend. If holding short positions, continue to maintain a daily closing stoploss at 24,037. This week, Nifty has been trading within a narrow 300-point range, lacking a clear direction. Resistance is seen between 23,800-24,000, while support lies in the 23,750-23,400 range.
| Highest Call Writing at | 23,800 (2.4 Crore) |
| Highest Put Writing at | 23,750 (1.5 Crore) |
Nifty Support and Resistance
| Support | 23,750 and 23,400 |
| Resistance | 23,800 and 24,000 |
Bank Nifty Daily Chart Prediction
Prediction For Friday, Bank NIFTY can go up if it goes above 51,600 or down after the level of 50,500, but it all depends upon the Global cues.
Banknifty is currently in a downtrend. If you have short positions, keep holding them with a daily closing stoploss at 51,869. The resistance levels are between 51,600-52,000, while support is found in the range of 50,500-50,000.
| Highest Call Writing at | 51,600 (13.0 Lakh) |
| Highest Put Writing at | 50,500 (13.7 Lakh) |
Bank Nifty Support and Resistance
| Support | 50,500 and 50,000 |
| Resistance | 51,600 and 52,000 |
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