In the Stock Market Today, Nifty is up over 24,100, and Sensex has gained 390 points. IT, auto, and FMCG sectors are performing well.
Stock Market Nifty Chart Prediction.
In today’s market, the Sensex was up 443.46 points or 0.56 percent at 79,476.19, and the Nifty was up 131.40 points or 0.55 percent at 24,142. About 2403 shares advanced, 1112 shares declined, and 115 shares unchanged.
Top Nifty gainers: Tech Mahindra, Wipro, Bajaj Finance, UltraTech Cement and Grasim Industries,
Top Nifty Losers: NTPC, Eicher Motors, Dr Reddy’s Labs, SBI and Apollo Hospitals.
Except for the power, PSU bank, and realty sectors, all other sectors ended the day with gains. The IT sector saw a significant rise of nearly 2 percent.
The BSE midcap and smallcap index added more than 1 percent each.
Stock Prediction for 2nd July 2024.
| STOCK | Good Above | Weak Below |
| BHARIARTL | 1463 | 1444 |
| EXIDEIND | 570 | 564 |
| MARICO | 625 | 618 |
| M&MFIN | 306 | 302 |
Prediction For Tuesday, NIFTY can go up if it goes above 24,500 or down after the level of 23,970 but it all depends upon the Global cues.
Nifty50 began July slightly down, but strong gains in IT stocks lifted the index to a new record closing high of 24,141.95, up 131.35 points by the end of the session. Resistance is noted between 24,150 to 24,500, while support is seen at levels ranging from 23,970 to 23,500.
| Highest Call Writing at | 24,500 (67.4 L) |
| Highest Put Writing at | 23,970 (63 L) |
Nifty Support and Resistance
| Support | 23,970 to 23,500 |
| Resistance | 24,150 to 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 51,930 but it all depends upon the Global cues.
The Bank Nifty closed higher with a strong upward movement, crossing the 52,515 mark. To maintain its upward trajectory towards the 52650-53000 levels, the index needs to hold decisively above 53,000. However, as it is currently in overbought territory, failing to stay above 53,000 could result in a decline to the 52,350/51,960 levels.
| Highest Call Writing at | 53,000 (38.2 Lakhs) |
| Highest Put Writing at | 51,960 (25.5 Lakhs) |
Bank Nifty Support and Resistance
| Support | 52,350-51,960 |
| Resistance | 52650-53000 |
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