The stock market sees Nifty reaching 20,100, Sensex gaining 720 points, with notable activity in RIL, Zomato, and Adani Power, summarized in the Bajar Gupshup.
Stock Market Nifty Chart Prediction.
Indian equity benchmarks marked a second consecutive day of gains on November 29, as the Nifty exceeded 20,000 for the first time in over two months, driven by positive global cues and substantial buying in major stocks; at closing, the Sensex surged 727.71 points (1.10 percent) to 66,901.91, and the Nifty rose by 206.90 points (1.04 percent) to 20,096.60, with the market opening on a gap-up note and sustaining momentum throughout the day, reaching beyond 21,100, except in the realty sector.
Prediction For Wednesday NIFTY can go up if it goes above 20200 or go down after the level of 20000 but all depend upon the Global cue
There are good chances of market going up as today market opened gap up and after that it went up throughout the day. 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 20200 or 20000 But all these aspects depend upon the Global cues.
| Highest Call Writing at | 20100 (87.6 Lakhs) |
| Highest Put Writing at | 20000 (85.0 Lakhs) |
Nifty Support and Resistance
| Support | 20050, 20000 |
| Resistance | 20150, 20200 |
Bank Nifty Daily Chart Prediction
Prediction For Wednesday Bank NIFTY can go up if it goes above 44800 or go down after the level of 44200 but all depend upon the Global cues.
Today, BANK NIFTY opened gap up in morning but after that it went up throughout the day. Today bank nifty has closed in green and closed near its critical level of 44600 which has made bank nifty strong again For Wednesday. you can go with the strategy of buy on dip.
| Highest Call Writing at | 45000 (39.6 Lakhs) |
| Highest Put Writing at | 44000 (34.1 Lakhs) |
Bank Nifty Support and Resistance
| Support | 44500,44200 |
| Resistance | 44800,45000 |
Also, check our Article on Spinning Top Candlestick Pattern
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