In the Stock Market Today, Nifty & Sensex ended flat amid market volatility, while the media and real estate sectors shone.
Stock Market Nifty Chart Prediction.
On July 29, The Sensex was up 23.12 points at 81,355.84, and the Nifty was up 0.01 points at 24,836.10,
In terms of sectors, IT, FMCG, and telecom each declined by 0.4 percent. Conversely, the auto, banking, media, capital goods, oil & gas, power, and real estate sectors saw gains ranging from 0.5 to 2.5 percent.
Top Nifty gainers: Divis Labs, L&T, BPCL, Bajaj Finserv and SBI,
Top Nifty Losers: Titan Company, Bharti Airtel, Hero MotoCorp and Tata Consumer Products.
BSE Midcap index rose nearly 1% while smallcap index added 1.2%.
Stock Prediction for 30th July 2024.
| STOCK | Good Above | Weak Below |
| AARTIIND | 716 | 708 |
| BHEL | 325 | 320 |
| LUPIN | 1871 | 1850 |
| RELIANCE | 3052 | 3025 |
Prediction For Tuesday, NIFTY can go up if it goes above 25,000 or down after the level of 24,500 but it all depends upon the Global cues.
Nifty opened positively but experienced a volatile trading session, closing slightly in the green with a gain of approximately 8 points. The daily chart indicates that the Nifty has surged around 800 points over the past three trading sessions. It is highly probable that the Nifty will consolidate in the coming sessions. Resistance is expected between 25,000 and 25,500, while support is anticipated between 24,500 and 24,000.
| Highest Call Writing at | 25,000 (80.7 Lakhs) |
| Highest Put Writing at | 24,500 (62.1 Lakhs) |
Nifty Support and Resistance
| Support | 24,500-24,000 |
| Resistance | 25,000- 25,500 |
Bank Nifty Daily Chart Prediction.
Prediction For Tuesday, Bank NIFTY can go up if it goes above 51,800 or down after the level of 51,200 but it all depends upon the Global cues.
Bank Nifty experienced a highly volatile trading day, encountering resistance at the descending trend line of 52,300, which was determined by connecting the previous two swing highs. On the downside, the crucial support zone lies between 51,200 and 50,400. Therefore, Bank Nifty indicates a rangebound price action in the upcoming trading sessions. In terms of levels, resistance is found between 51,800 and 52,300, while support is situated at 51,200 to 50,400.
| Highest Call Writing at | 51,800 (45.0 Lakhs) |
| Highest Put Writing at | 51,200 (25.0 Lakhs) |
Bank Nifty Support and Resistance
| Support | 51,200-50,400 |
| Resistance | 51,800-52,300 |
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