Home ยป Stock Market Prediction for Nifty & Bank Nifty 5th July 2024.

Stock Market Prediction for Nifty & Bank Nifty 5th July 2024.

Today, in the stock market expiry session, the Nifty closed at 24,304 and the Sensex at 80,049, with strong performances in the IT sectors.

Stock Market Nifty Chart Prediction.

The picture is of the Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on July 5, 2024.

The image displays Intraday version of the Nifty Stock Market chart, used for predicting on July 5, 2024.

The Sensex was up 62.87 points or 0.08 percent at 80,049.67, and the Nifty was up 15.70 points or 0.06 percent at 24,302.20. About 1901 shares advanced, 1550 shares declined, and 62 shares unchanged.

Top Nifty gainers: HCL Technologies, ICICI Bank, Sun Pharma, Infosys, and Tata Motors
Top Nifty Losers: HDFC Bank, Bajaj Finance, Wipro, Tech Mahindra and Adani Enterprises

In terms of sectors, Information Technology and Healthcare indices increased by 1 percent each, while Auto and Realty rose by 0.5 percent each. However, the Media index declined by 0.4 percent.

The BSE midcap and smallcap indices each increased by 0.6 percent.

Stock Prediction for 5th July 2024
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Prediction For Friday, NIFTY can go up if it goes above 24,400 or down after the level of 24,250 but it all depends upon the Global cues.

After going up initially, the Nifty moved up and down during the day before ending close to its lowest point at 24,306.55. Resistance is noted between 24,400 to 24,350, while support is seen at levels ranging from 24,250 to 24,150.

Highest Call Writing at
24,400
Highest Put Writing at
24,250

Nifty Support and Resistance

Support 24,400 to 24,350
Resistance
24,250 to 24,150

Bank Nifty Daily Chart Prediction.

The picture is of the Bank Nifty Stock Market chart in the daily time frame, through which it will be used to predict the market on July 5, 2024.

The image displays Intraday version of the Nifty Bank Stock Market chart, used for predicting on July 5, 2024

Prediction For Friday, Bank Nifty can go up if it goes above 53,000 or down after the level of 52500 but it all depends upon the Global cues.

The Bank Nifty index showed strong momentum and closed above the 53000 mark. The next support level is around 52,650 to 52,350 and the resistance level is around 53,350 to 53,000.

Highest Call Writing at53,350
Highest Put Writing at52,650

Bank Nifty Support and Resistance

Support52,650 to 52,350
Resistance
53,350 to 53,000

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