In today’s stock market, Sensex dropped 320 points, with the Nifty below 26,250, as IT, telecom, and oil & gas weighed on the market.
Stock Market Nifty Chart Prediction
On Jan 5, Sensex was down 322.39 points at 85,439.62, and the Nifty was down 78.25 points at 26,250.30. A total of 1,208 shares advanced, 1,943 shares declined, and 107 shares remained unchanged.
Top Nifty gainers: Nestle India, Bharat Electronics, Eicher Motors, Asian Paints, Tata Steel.
Top Nifty Losers : HDFC Bank, HCL Technologies, Infosys, Wipro, ONGC
Among sectors, IT, oil & gas, telecom down 0.5-1 percent, while realty index jumped 2 percent, consumer durables index rose 1 percent and metal and FMCG indices added 0.5% each.
BSE Midcap and smallcap indices ended on flat note.
Best Stocks of the day according to AI (Delta Dash)
Worst Stocks of the day according to AI (Delta Dash)
Stock Prediction for 06th January 2026
| STOCK | Good Above | Weak Below |
| ASIANPAINT | 2830 | 2800 |
| BDL | 1542 | 1525 |
| HINDUNILVR | 2400 | 2375 |
| MUTHOOTFIN | 3940 | 3900 |
Prediction for Tuesday NIFTY can go up if it goes above 26,300 or down after the level of 26,200, but it also depends upon the Global cues.
The index witnessed profit-taking after registering a new all-time high. The near-term trend remains strong, as the Nifty closed above the recent breakout level. Momentum indicators such as the RSI and key moving averages continue to maintain positive positioning. The benchmark Nifty index kicked off the week on a strong note, scaling a fresh all-time high of 26,373 during Monday’s session. However, the index faced profit booking in the second half, trimming intraday gains. Despite the selling pressure, Nifty staged a mild recovery from the day’s low and eventually settled at 26,250, down 78.25 points. On the daily chart, the index has formed a bearish candle with small upper and lower shadows. Resistance is placed in the 26,300–26,500 zone, while support is seen between 26,200 and 25,900.
| Highest Call Writing at | 26,300 (1.6 cr) |
| Highest Put Writing at | 26,200 (1.4 cr) |
Nifty Support and Resistance
| Support | 26,200 and 25,900 |
| Resistance | 26,300–26,500 |
Bank Nifty Daily Chart Prediction
Prediction For Tuesday BANKNIFTY can go up if it goes above 60,000 or down after the level of 59,500, but it also depends upon the Global cues.
In Monday’s session, profit booking was observed in the Bank Nifty index from higher levels, leading to the formation of a bearish candlestick on the daily chart. However, the broader chart structure remains positive, as the index has confirmed a falling trendline breakout and continues to trade above its short-term 10-day and 20-day EMAs. Additionally, the RSI is in a bullish crossover, indicating underlying strength in momentum. Therefore, as long as Bank Nifty sustains above the 20-day EMA, a buy-on-dips strategy can be adopted with a positive bias. Resistance is placed in the 60,000–60,500 zone, while support is seen between 59,500 and 59,000.
| Highest Call Writing at | 60,000 (12.3 Lk) |
| Highest Put Writing at | 59,500 (19.0 Lk) |
Bank Nifty Support and Resistance
| Support | 59,500 and 59,000 |
| Resistance | 60,000–60,500 |
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