In today’s stock market, Sensex jumped by 1,400 points, and the Nifty was around 24,200, with all sectors rising.
Stock Market Nifty Chart Prediction
On January 2, Sensex gained 1,436.30 points, reaching 79,943.71, while the Nifty rose by 445.75 points, to 24,188.65. Of the total shares, 2,312 advanced, -1,496 declined, and 108 remained unchanged.
Top Nifty gainers: Bajaj Finserv, Eicher Motors, Bajaj Finance, Maruti Suzuki, Shriram Finance,
Top Nifty Losers: Britannia Industries, Sun Pharma.
All sectoral indices closed higher, with the auto index rising by 3.5% and the IT index gaining 2%.
BSE Midcap and Smallcap indices added a 1% each.
Stock Prediction for 3rd Jan 2025
| STOCK | Good Above | Weak Below |
| BAJAJFINSV | 1710 | 1690 |
| GRASIM | 2550 | 2525 |
| INFY | 1965 | 1945 |
| RECLTD | 523 | 518 |
Prediction for Friday NIFTY can go up if it goes above 24,200 or down after the level of 24,000, but it all depends upon the Global cues.
Nifty witnessed strong bullish momentum, starting with a steady opening followed by a one-sided rally throughout the session. This propelled the Index past several resistance levels, closing at 24,188.65 with a gain of 445.75 points. A solid bullish candle was formed on the chart. However, a pullback or retracement may occur, potentially pushing the Index lower to test support levels around 24,000-23,500, while resistance is seen between 24,200 and 24,500.
| Highest Call Writing at | 24,200 (2.0 Crore) |
| Highest Put Writing at | 24,000 (92.0 Lakhs) |
Nifty Support and Resistance
| Support | 24,000-23,500 |
| Resistance | 24,200-24,500 |
Bank Nifty Daily Chart Prediction
Prediction For Friday, Bank NIFTY can go up if it goes above 52,000 or down after the level of 51,000, but it all depends upon the Global cues.
Banknifty has shifted to a positive trend in the previous trading session. A long position can be taken in Banknifty with a stoploss of 50,627 based on the daily closing. On the upside, resistance is seen at 52,000-52,700, while support on the downside is at 51,000-50,500.
| Highest Call Writing at | 52,000 (12.9 Lakh) |
| Highest Put Writing at | 51,000 (10.9 Lakh) |
Bank Nifty Support and Resistance
| Support | 51,000-50,500 |
| Resistance | 52,000-52,700 |
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