In today’s Stock Market, Nifty closed at 24,123.80 and Sensex at 79,441.45 with strong IT, realty, and oil & gas sectors performance.
Stock Market Nifty Chart Prediction.
At the market close, the Sensex fell by 34.74 points or 0.04 percent to 79,441.45, and the Nifty dropped by 18.20 points or 0.08 percent to 24,123.80, during the Fininfty expiry. Out of the total stocks traded, 1740 shares went up, 1686 shares went down, and 72 shares stayed the same.
Top Nifty gainers: L&T, Wipro, Infosys, HDFC Bank and TCS
Top Nifty Losers: Shriram Finance, Bharti Airtel, Kotak Mahindra Bank, Tata Motors and IndusInd Bank.
In terms of sectors, capital goods, Information Technology, real estate, and oil & gas saw gains of 0.3-1 percent during the Finifty expiry, while banking, automotive, FMCG, and power sectors fell by 0.3-0.9 percent.
The BSE midcap index shed 0.5 percent while smallcap index ended flat.
Stock Prediction for 3rd July 2024.
| STOCK | Good Above | Weak Below |
| AXISBANK | 1260 | 1242 |
| COALINDIA | 484 | 478 |
| PFC | 506 | 500 |
| SUNPHARMA | 1530 | 1515 |
Prediction For Wednesday, NIFTY can go up if it goes above 24,230 or down after the level of 24,000 but it all depends upon the Global cues.
Indian benchmark indices ended the day flat on July 2nd, amidst high volatility during the Finifty expiry. Everything is still the same with the strong uptrend continuing, so buying when prices dip is a smart move. Resistance is noted between 24,230 to 24,170, while support is seen at levels ranging from 23,900 to 24,000.
| Highest Call Writing at | 24,230 |
| Highest Put Writing at | 24,000 |
Nifty Support and Resistance
| Support | 24,230 to 24,170 |
| Resistance | 23,900 to 24,000 |
Bank Nifty Daily Chart Prediction.
Prediction For Wednesday, Bank NIFTY can go up if it goes above 53,000 or down after the level of 52000 but it all depends upon the Global cues.
The Bank Nifty index saw selling pressure after reaching higher levels and was turned down around the 52,400-52,500 range. The index is currently in a mode where selling is happening when prices rise. The next support level is around 52,000 to 51,800 and the resistance level is around 53,000 to 52,700.
| Highest Call Writing at | 53,000 |
| Highest Put Writing at | 52,000 |
Bank Nifty Support and Resistance
| Support | 52,000 to 51,800 |
| Resistance | 53,000 to 52,700 |
Power of Algorithms in Options Trading, Try Spider Now: Register Now
If you’d like to know how we analyze the market and provide accurate levels every day. then click on the Free Demo button below and change your trading life for good. 5X returns are possible in options trading If you have Spider Software in your trading system.
Disclaimer: The information provided in this Blog is for educational purposes only and should not be construed as financial advice. Trading in the stock market involves a significant level of risk and can result in both profits and losses. Spider Software & Team does not guarantee any specific outcome or profit from the use of the information provided in this Blog. It is the sole responsibility of the viewer to evaluate their own financial situation and to make their own decisions regarding any investments or trading strategies based on their individual financial goals, risk tolerance, and investment objectives. Spider Software & Team shall not be liable for any loss or damage, including without limitation any indirect, special, incidental or consequential loss or damage, arising from or in connection with the use of this blog or any information contained herein.
