In Stock market today Sensex making gains and the Nifty hovering around 19,350 points, driven by robust performances in the power, realty, and metals sectors.
Stock Market Nifty Chart Prediction.
On August 29, in a volatile trading session, the benchmark indices concluded higher, with the Sensex rising by 0.12 percent to 65,075.82, and the Nifty gaining 0.19 percent to reach 19,342.70; notable gainers on the Nifty included UPL, Hindalco Industries, Adani Ports, Hero MotoCorp, and Tata Steel, while Bharti Airtel, HUL, Axis Bank, Dr Reddy’s Laboratories, and Reliance Industries faced losses; sectors such as metal, power, and realty witnessed 1 percent gains, in contrast to selling observed in PSU Bank, FMCG, and pharma stocks, with the BSE midcap and smallcap indices both advancing by 0.5 percent.
Prediction For Wednesday NIFTY can go up if it goes above 19400 or go down after the level of 19300 but all depend upon the Global cues.
There are good chances of market going in any one direction as today market was in range if it goes beyond any level given above it will give a one side move on any side up or down. If Nifty gives flat opening, it may move to the level of 19400 or 19300 But all these aspects depend upon the Global cues.
| Highest Call Writing at | 19,400 (1.1 crores) 19,500 (1.2 crores) |
| Highest Put Writing at | 19,300 (69 LK) 19,000 (84 LK) |
Nifty Support and Resistance
| Support | 19250,19200 |
| Resistance | 19400,19500 |
Bank Nifty Daily Chart Prediction
Prediction For wednesday Bank NIFTY can go up if it goes above 44650 or go down after the level of 44400 but all depend upon the Global cues.
Today, BANK NIFTY was strong as compared to nifty. But today also bank nifty has again closed in green and closed just below its critical level of 44500 which has made bank nifty weak again For Tuesday you can go with the strategy of buy on the dip.
| Highest Call Writing at | 44500 (32 Lakhs) |
| Highest Put Writing at | 44500 (33 Lakhs) |
Bank Nifty Support and Resistance
| Support | 44400,44200 |
| Resistance | 44650,44750 |
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