In the Stock Market Today, Sensex climbs by 940 points, with the Nifty surpassing 22,600; financials show gains.
Stock Market Nifty Chart Prediction.
On April 29, Sensex surged by 941.12 points, 74,671.28, while the Nifty rose by 223.40 points, reaching 22,643.40. Among the total shares, 1777 advanced, -1578 declined, and 133 remained unchanged.
Top Nifty gainers: ICICI Bank, IndusInd Bank, SBI, UltraTech Cement and Axis Bank,
Top Nifty Losers: HCL Technologies, Apollo Hospitals, Bajaj Auto, HDFC Life and LTIMindtree.
Apart from real estate, all other sectoral indices closed higher, with healthcare, metal, power, banking, and oil & gas sectors gaining between 0.4 to 2 percent.
BSE midcap index is up 0.8% & the smallcap index ended flat.
Stock Prediction for 30th April 2024.
| STOCK | Good Above | Weak Below |
| IGL | 462 | 457 |
| CHOLAFIN | 1175 | 1160 |
| GODREJPROP | 2630 | 2601 |
| JINDALSTEL | 946 | 932 |
Prediction For Tuesday, NIFTY can go up if it goes above 22,800 or down after the level of 22,500 but all depends upon the Global cues.
Nifty maintained its upward momentum, ending the session with substantial gains, indicating a persistent bullish trend. Short-term projections suggest a potential move towards 22,800-22,850, with support levels expected around 22,550-22,200.
| Highest Call Writing at | 22,800 (56.7 Lakhs) |
| Highest Put Writing at | 22,500 (81.2 Lakhs) |
Nifty Support and Resistance
| Support | 22,500, 22,200 |
| Resistance | 22,800, 22,850 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 50,000 or down after the level of 48,500 but it all depends upon the Global cues.
Bank Nifty index soared by over 2.4%, or more than 1,100 points, reaching a record high of 49,399.30, surpassing the previous level of 49,057. Resistance is anticipated in the range of 50,000-50,500, while support is expected between 48,500-47,700.
| Highest Call Writing at | 50,000 (31.2 Lakhs) |
| Highest Put Writing at | 48,500 (29.4 Lakhs) |
Bank Nifty Support and Resistance
| Support | 48,500, 47,700 |
| Resistance | 50,000, 50,500 |
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