{"id":2764,"date":"2023-09-22T17:00:47","date_gmt":"2023-09-22T11:30:47","guid":{"rendered":"https:\/\/www.spidersoftwareindia.com\/blog\/?p=2764"},"modified":"2023-09-22T17:00:49","modified_gmt":"2023-09-22T11:30:49","slug":"stock-market-today-prediction-for-nifty-bank-nifty","status":"publish","type":"post","link":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-today-prediction-for-nifty-bank-nifty\/","title":{"rendered":"Stock Market Today &#038; Prediction for Nifty &#038; Bank Nifty 25th September 2023."},"content":{"rendered":"\n<p>In Stock Market Today, the Sensex dropped by 221.09 points, or 0.33 percent, to 66,009.15, while the Nifty fell by 68.00 points, or 0.34 percent, to 19,674.30. Among the stocks, 1747 went up, 1779 went down, and 143 remained the same.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Stock Market Nifty Chart Prediction.<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"556\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1024x556.png\" alt=\"The image shows the Chart of Nifty, containing different ranges of Support and Resistance to Analyse the Market for Monday i.e. 25th September 2023.\" class=\"wp-image-2767\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1024x556.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-300x163.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-768x417.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1536x834.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image.png 1909w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The benchmark indices on 22<sup>nd<\/sup> September 2023 opened with little change, reflecting a subdued trend in Asia. The day witnessed volatility, with PSU banks and automobiles holding early gains, while IT, metals, and pharma sectors struggled.<\/p>\n\n\n\n<p>In the Sensex companies, State Bank of India, Bajaj Finserv, IndusInd Bank, Maruti, and Mahindra &amp; Mahindra saw significant gains.<\/p>\n\n\n\n<p>On the other hand, Wipro, Power Grid, Titan, and Tata Steel performed less favorably.<\/p>\n\n\n\n<p>Public sector banks experienced significant buying activity following JP Morgan&#8217;s announcement of India bond inclusion, while the pharmaceutical and metals sectors were the major losers. Market breadth also leaned towards declines, with approximately 1,747 shares rising, 1,779 falling, and 143 remaining unchanged.<\/p>\n\n\n\n<p>For the week, the market saw its largest weekly decline in seven months, ending a three-week winning streak, with the Sensex and Nifty both falling by around 3 percent. The Nifty Bank index dropped by more than 3 percent, while the Nifty Midcap 100 lost around 2 percent for the week. All sectoral indices, except the PSU Bank index, reported weekly losses.<\/p>\n\n\n\n<p>Power Grid, Asian Paints, Coal India, NTPC, and HDFC Life were the top gainers in the Nifty, while HDFC Bank, UltraTech, Dr. Reddy&#8217;s Laboratories, and Wipro were the biggest laggards.<\/p>\n\n\n\n<p>Among midcaps, Berger Paints, REC, PFC, Union Bank, and Canara were the leaders in terms of gains. Conversely, GNFC, Syngene, Zydus, and Godrej Properties were among the hardest-hit midcap stocks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Prediction For Monday&nbsp;NIFTY can go up if it goes above 19800 or go down after the level of 19600 but it all depends upon the Global cues.<\/h2>\n\n\n\n<p>In Today\u2019s Market Nifty faced continuous selling pressure followed out during the week, leading to a 2.80% drop from its highest point. This correction has pushed it below the important 21-day Exponential Moving Average (21EMA). Currently, the sentiment seems pessimistic, and a crucial support level is seen at 19,600. If it falls below this level, it could trigger a more substantial market correction. On the positive side, 19,800 is anticipated to act as a resistance level.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Highest Call Writing at<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>19,800 (1.1 crores)          <\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Highest Put Writing at<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>19,500 (1.4 crores)  <\/strong>   <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Nifty Support and Resistance<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Support<\/strong> <\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>19500 &amp; 19,400<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Resistance<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>19,800 &amp; 19,900<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Bank Nifty Daily Chart Prediction<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"556\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1-1024x556.png\" alt=\"The image shows the Chart of Bank Nifty, containing different ranges of Support and Resistance to Analyse the Market for Monday i.e. 25th September 2023.\" class=\"wp-image-2768\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1-1024x556.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1-300x163.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1-768x417.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1-1536x833.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/image-1.png 1915w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Prediction For Monday Bank NIFTY can go up if it goes above 45000 or go down after the level of 44200 but it all depends upon the Global cues.<\/h2>\n\n\n\n<p>The BANKNIFTY index, which currently stands at 44,644 points, showed a significant double-top breakdown pattern, which often indicates a trend reversal. This bearish pattern was mainly due to selling pressure in HDFC Bank. The index dropped below its 20-day moving average (20DMA) at 45,000. If it goes above this level, it might lead to some short-covering, but the overall sentiment remains bearish. The nearest support is around 44200 to 44000.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Highest Call Writing at<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>45000 (37.8 Lakhs)<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Highest Put Writing at<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>44200 (21.9 Lakhs)<\/strong><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"> <\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Bank Nifty Support and Resistance<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Support<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>44200 &amp; 44000<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Resistance<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>44800 &amp; 45000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>An Opportunity to Learn Live Trading and Training on Monthly Expiry by <a href=\"https:\/\/rzp.io\/l\/IyHsHvAOLQ\">Clicking Here<\/a><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/rzp.io\/l\/IyHsHvAOLQ\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/Rutaj-Webinar-sept23-1024x576.png\" alt=\"The image explains that Spider Software is conducting a Webinar on Trading &amp; Training Live on Monthly Expiry.\" class=\"wp-image-2722\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/Rutaj-Webinar-sept23-1024x576.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/Rutaj-Webinar-sept23-300x169.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/Rutaj-Webinar-sept23-768x432.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/Rutaj-Webinar-sept23-1536x864.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/09\/Rutaj-Webinar-sept23-2048x1152.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>\n\n\n<p><br>If you&#8217;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. <\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/spidersoftwareindia.com\/contact-us.php\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Free Demo<\/strong><\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline\"><a class=\"wp-block-button__link has-vivid-green-cyan-color has-text-color wp-element-button\" href=\"https:\/\/rzp.io\/l\/b8kiANSCW\" target=\"_blank\" rel=\"noreferrer noopener\">Buy Now<\/a><\/div>\n<\/div>\n\n\n\n<p>Also, Check out our article on the <a href=\"https:\/\/www.spidersoftwareindia.com\/blog\/india-joins-jpmorgans-emerging-markets-bond-index\/\">Inclusion of Government Indian Bonds in the JP Morgans Emerging Market Index.<\/a><\/p>\n\n\n\n<pre class=\"wp-block-code has-small-font-size\"><code>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 &amp; 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 &amp; 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.<\/code><\/pre>\n<div class=\"pvc_clear\"><\/div><p id=\"pvc_stats_2764\" class=\"pvc_stats all  \" data-element-id=\"2764\" style=\"\"><i class=\"pvc-stats-icon large\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p><div class=\"pvc_clear\"><\/div>","protected":false},"excerpt":{"rendered":"<p>In Stock Market Today, the Sensex dropped by 221.09 points, or 0.33 percent, to 66,009.15, while the Nifty fell by 68.00 points, or 0.34 percent, to 19,674.30. Among the stocks, 1747 went up, 1779 went down, and 143 remained the same.<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_2764\" class=\"pvc_stats all  \" data-element-id=\"2764\" style=\"\"><i class=\"pvc-stats-icon large\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":1,"featured_media":2772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,12],"tags":[26,22,5,30,21,57,25,9,10,190,7,8],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock Market Today &amp; Prediction for Nifty &amp; Bank Nifty.<\/title>\n<meta name=\"description\" content=\"In Stock Market Today, the Sensex dropped by 221.09 points, or 0.33 percent, to 66,009.15, while the Nifty fell by 68.00 points.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-today-prediction-for-nifty-bank-nifty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock Market Today &amp; Prediction for Nifty &amp; Bank Nifty.\" \/>\n<meta property=\"og:description\" content=\"In Stock Market Today, the Sensex dropped by 221.09 points, or 0.33 percent, to 66,009.15, while the Nifty fell by 68.00 points.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-today-prediction-for-nifty-bank-nifty\/\" \/>\n<meta property=\"og:site_name\" content=\"Technical Analysis &amp; 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