In the Stock Market Today, Sensex and Nifty close at new highs, with banks and FMCG sectors leading the gains.
Stock Market Nifty Chart Prediction.
On June 26, Sensex rose by 620.73 points, reaching 78,674.25. Meanwhile, the Nifty increased by 147.50 points, closing at 23,868.80. In the market, 1,634 shares saw gains, -1,763 shares experienced losses, and 85 shares remained unchanged.
Top Nifty gainers: Reliance Industries, UltraTech Cement, Bharti Airtel, and Grasim Industries,
Top Nifty Losers: Apollo Hospitals, Bajaj Auto, M&M, Tata Steel and Hindalco Industries.
In various sectors, banking, oil & gas, telecom, media, and FMCG saw increases of 0.3-2 percent, whereas auto, metal, and real estate experienced declines ranging from 0.7-1.5 percent.
BSE midcap index was down 0.30% while smallcap index ended on a flat note
Stock Prediction for 27th June 2024.
| STOCK | Good Above | Weak Below |
| MCDOWELL-N | 1290 | 1270 |
| MARUTI | 12266 | 12182 |
| SUNTV | 770 | 763 |
| TCS | 3875 | 3844 |
Prediction For Tuesday, NIFTY can go up if it goes above 24,000 or down after the level of 23,700 but it all depends upon the Global cues.
Nifty started the day with little movement but gained momentum as the day went on, closing with an increase of approximately 147 points. After breaking out of its consolidation range, Nifty has continued to attract buying interest. We anticipate that Nifty is likely to aim for the 24,150 level in the short term. Any declines towards the support zone of 23,700 – 23,500 should be seen as a buying opportunity. The resistance level is between 24,000 and 24,500.
| Highest Call Writing at | 24,000 (1.3 Crore) |
| Highest Put Writing at | 23,700 (1.1 Crore) |
Nifty Support and Resistance
| Support | 23,700 – 23,500 |
| Resistance | 24,000 – 24,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 53,000 or down after the level of 52,000 but it all depends upon the Global cues.
BankNifty index maintained its strong momentum, nearly reaching the 53,000 mark, where new call writing activity is evident. The overall sentiment remains bullish, suggesting a buy-on-dip strategy, with immediate strong support found in the 52,900-52,400 range. The index has seen significant put writing at lower levels, indicating robust support. Resistance is noted between 53,000-53,500, and support lies in the 52,900-52,400 range.
| Highest Call Writing at | 53,000 (78.2 Lakhs) |
| Highest Put Writing at | 52,000 (72.4 Lakhs) |
Bank Nifty Support and Resistance
| Support | 52,000 – 51,000 |
| Resistance | 53,000 – 53,500 |
Power of Algorithms in Options Trading, Try Spider Now: Register Now
If you’d like to know how we analyze the market and provide accurate levels every day. then click on the Free Demo button below and change your trading life for good. 5X returns are possible in options trading If you have Spider Software in your trading system.
Disclaimer: The information provided in this Blog is for educational purposes only and should not be construed as financial advice. Trading in the stock market involves a significant level of risk and can result in both profits and losses. Spider Software & Team does not guarantee any specific outcome or profit from the use of the information provided in this Blog. It is the sole responsibility of the viewer to evaluate their own financial situation and to make their own decisions regarding any investments or trading strategies based on their individual financial goals, risk tolerance, and investment objectives. Spider Software & Team shall not be liable for any loss or damage, including without limitation any indirect, special, incidental or consequential loss or damage, arising from or in connection with the use of this blog or any information contained herein. 
I found great pleasure in reading your thoughtful blog article. The views and concepts you expressed were tremendously useful.