In today’s stock market, Nifty above 24,100, and Sensex has gained 759 points, with strong performances from the pharma and media sectors.
Stock Market Nifty Chart Prediction
On November 29, Sensex rose by 759.05 points to reach 79,802.79, and the Nifty increased by 216.90 points, reaching 24,131.10. A total of 2,241 shares advanced, 1,564 shares declined, and 88 shares remained unchanged.
Top Nifty gainers: Bharti Airtel, Cipla, Sun Pharma, M&M, Adani Ports
Top Nifty Losers: Power Grid Corp, Shriram Finance, Hero MotoCorp, Nestle and Apollo Hospitals.
All sectoral indices ended in the green, except for realty and PSU Bank, with auto, energy, pharma, and media rising by 1-2 percent.
BSE Midcap index was up 0.3 percent and Smallcap index rose 0.7 percent.
Stock Prediction for 2nd Dec 2024
| STOCK | Good Above | Weak Below |
| LT | 3740 | 3700 |
| M&M | 3000 | 2960 |
| NAVINFLUOR | 3520 | 3481 |
| WIPRO | 582 | 576 |
Prediction for Monday NIFTY can go up if it goes above 24,300 or down after the level of 24,000, but it all depends upon the Global cues.
The December series began positively, with the markets gaining nearly 1%. The Nifty surged early in the day, closing at 24,131 after trading within a range. On the daily chart, Nifty has bounced back above the 21-day exponential moving average (DEMA) and formed a green candle, signaling strength. Resistance is expected between 24,300 and 24,500, while support is seen between 24,000 and 23,550.
| Highest Call Writing at | 24,300 (74.2 Lakh) |
| Highest Put Writing at | 24,000 (73.7 Lakh) |
Nifty Support and Resistance
| Support | 24,000 and 23,550 |
| Resistance | 24,300 and 24,500 |
Bank Nifty Daily Chart Prediction
Prediction For Monday, Bank NIFTY can go up if it goes above 52,300 or down after the level of 51,700, but it all depends upon the Global cues.
Bank Nifty started on a positive note, but after some early volatility, the index traded within a narrow range and closed the day higher at 52,056. On the daily chart, Bank Nifty formed an inside bar candle, while on the weekly chart, it created a doji candle, suggesting uncertainty. Resistance is expected between 52,300 and 52,600, while support is seen between 51,700 and 51,400.
| Highest Call Writing at | 52,300 (14.4 Lakh) |
| Highest Put Writing at | 51,700 (11.1 Lakh) |
Bank Nifty Support and Resistance
| Support | 51,700 and 51,400 |
| Resistance | 52,300 and 52,600 |
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