In Stock market today Nifty surpassing 19,000 and Sensex gained 635 points, while all sectors showed positive performance.
Stock Market Nifty Chart Prediction.
After a six-day losing streak, Indian benchmark indices rebounded strongly, with the Sensex surging 634.65 points, or 1.01 percent, to close at 63,782.80, and the Nifty climbing 190.00 points, or 1.01 percent, to finish at 19,047.30, as 2673 shares advanced, 825 shares declined, and 125 shares remained unchanged. Axis Bank, Coal India, HCL Technologies, SBI, and Adani Enterprises led the gainers on the Nifty, while Dr. Reddy’s Laboratories, SBI Life Insurance, UPL, ITC, and Asian Paints were among the losers. Notably, all sectoral indices closed in positive territory, with the PSU Bank index posting a 4 percent gain, and the BSE Midcap and Smallcap indices both rose by nearly 2 percent.
Prediction For Monday NIFTY can go up if it goes above 19100 or go down after the level of 19000 but all depend upon the Global cues.
There are good chances of market going up as today market opened gap up and after sometime it started going up and closed at days high near level of 19050. If it goes beyond any level given above it will give a one side move on any side up or down. Nifty gives flat opening, it may move to the level of 19100 or 19000 But all these aspects depend upon the Global cues.
| Highest Call Writing at | 18900 (1.6 crores) |
| Highest Put Writing at | 18850 (2.4 crores) |
Nifty Support and Resistance
| Support | 19000,18900 |
| Resistance | 19100,19200 |
Bank Nifty Daily Chart Prediction
Prediction For Monday Bank NIFTY can go up if it goes above 43000 or go down after the level of 42600 but all depend upon the Global cues.
Today, BANK NIFTY opened gap up in morning but after that there was more in upward move. Today bank nifty has closed in green and closed near its critical level of 42800 which has made bank nifty weak again For Monday. you can go with the strategy of sell on rise.
| Highest Call Writing at | 42300 (26.4Lakhs) |
| Highest Put Writing at | 42300 (21.1 Lakhs) |
Bank Nifty Support and Resistance
| Support | 42600,42500 |
| Resistance | 43000,43200 |
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