In today’s stock market, Nifty finishes above 24,450, with Sensex gaining 364 points; mid- and small-cap stocks perform well.
Stock Market Nifty Chart Prediction.
On October 29, The Sensex increased by 363.99 points, reaching 80,369.03, while the Nifty rose by 127.60 points, to stand at 24,466.80.
Top Nifty gainers: SBI, Bharat Electronics, SBI Life Insurance, HDFC Life, ICICI Bank,
Top Nifty Losers: Tata Motors, Dr Reddy’s Labs, Maruti Suzuki, Hero MotoCorp and Bajaj Auto.
In sector performance, banks, real estate, power, and capital goods saw increases of 1-2 percent, whereas pharmaceuticals, IT, and automotive sectors experienced declines of 0.5-1 percent.
BSE Midcap and Smallcap indices rose 0.7% each.
Stock Prediction for 30th Oct 2024.
| STOCK | Good Above | Weak Below |
| BALRAMCHIN | 644 | 638 |
| GRASIM | 2704 | 2675 |
| INDHOTEL | 682 | 676 |
| JKCEMENT | 4386 | 4325 |
Prediction for Wednesday NIFTY can go up if it goes above 24,500 or down after the level of 24,000, but it all depends upon the Global cues.
The Nifty started off flat and, following some early volatility, maintained a positive trend to finish the day up by 128 points. Resistance levels on the upside are between 24,500 and 25,000, while support levels on the downside are at 24,000 to 23,600.
| Highest Call Writing at | 24,500 (1.1 Crore) |
| Highest Put Writing at | 24,000 (87.2 Lakh) |
Nifty Support and Resistance
| Support | 24,000 and 23,800 |
| Resistance | 24,500 and 25,000 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, Bank NIFTY can go up if it goes above 52,400 or down after the level of 51,000, but it all depends upon the Global cues.
Bank Nifty opened significantly higher and experienced positive price movements throughout the day, ending with an increase of 1,061 points. We anticipate that Bank Nifty will maintain this upward momentum, targeting levels between 52,400 and 53,000, while support is found at 51,000 to 50,500.
| Highest Call Writing at | 52,400 (33.0 Lakh) |
| Highest Put Writing at | 51,000 (36.3 Lakh) |
Bank Nifty Support and Resistance
| Support | 51,000 and 50,500 |
| Resistance | 52,400 and 53,000 |
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