Home » Stock Market Prediction for Nifty & Bank Nifty 5th March 2025

Stock Market Prediction for Nifty & Bank Nifty 5th March 2025

This image is about stock market prediction for 5th March 2025

In today’s stock market, Nifty fell for the 10th day, Sensex down 96 points. Auto and IT sectors dropped, media and PSU banks rose.

Stock Market Nifty Chart Prediction

On March 05, the Sensex was down 96.01 points at 72,989.93, and the Nifty was down 36.65 points at 22,082.65. About 2133 shares advanced, –1673 shares declined, and 118 shares were unchanged.

Top Nifty gainers: Bharat Electronics, SBI, BPCL, Shriram Finance, Adani Enterprises
Top Nifty Losers: Bajaj Auto, Hero MotoCorp, Bajaj Finserv, Nestle and Eicher Motors.

Among sectors, Auto, IT, Telecom, and FMCG were down 0.4-1 points, while Bank, Capital Goods, Oil & Gas, Media, and PSU Bank were up 0.5-2 points.

BSE Midcap index ended flat and Smallcap index rose 1.3 percent.

Stock Prediction for 5th March 2025

Prediction for Wednesday NIFTY can go up if it goes above 22,100 or down after the level of 21,900, but it all depends upon the Global cues.

NIFTY is currently in a negative trend. If you are holding short positions, continue to hold with a daily closing stoploss of 22,379. Fresh long positions can be initiated if NIFTY closes above 22,379 levels. Additionally, the formation of a Bullish Engulfing candlestick pattern in the Mid and Smallcap segments suggests a potential trend reversal, indicating a shift in market sentiment. Resistance is seen in the 22,100 – 22,400 range, while support lies between 21,900 and 21,500.

Highest Call Writing at
21,900 (96.8 Lk)
Highest Put Writing at
22,100 (89.4 Lk)

Nifty Support and Resistance

Support 21,900 and 21,500
Resistance
22,100 – 22,400

Bank Nifty Daily Chart Prediction

Prediction For Wednesday, Bank NIFTY can go up if it goes above 48,800 or down after the level of 48,500, but it all depends upon the Global cues.

Banknifty is currently in a negative trend. If you are holding short positions, continue to hold with a daily closing stoploss of 48,832. Fresh long positions can be initiated if Banknifty closes above 48,832 levels. Resistance is positioned between 48,500 and 49,000, while support can be found at 48,000 and 47,500.

Highest Call Writing at 48,800 (12.6 Lakh)
Highest Put Writing at48,500 (10.9 Lakh)

Bank Nifty Support and Resistance

Support48,000 and 47,500
Resistance
48,500 and 49,000

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