{"id":4450,"date":"2024-04-04T16:45:12","date_gmt":"2024-04-04T11:15:12","guid":{"rendered":"https:\/\/www.spidersoftwareindia.com\/blog\/?p=4450"},"modified":"2024-04-04T16:45:16","modified_gmt":"2024-04-04T11:15:16","slug":"stock-market-prediction-for-nifty-bank-nifty-05th-april-2024","status":"publish","type":"post","link":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/","title":{"rendered":"Stock Market Prediction for Nifty &amp; Bank Nifty 05th April 2024."},"content":{"rendered":"\n<p>In the <strong>Stock Market Today<\/strong>, <strong>Sensex <\/strong>climbs by <strong>440 <\/strong>points and <strong>Nifty <\/strong>reaches 22,550; gains led by IT sector, while oil &amp; gas sectors face decline.<\/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<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"364\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153247-1024x364.png\" alt=\"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 Arpil 05, 2024.\" class=\"wp-image-4452\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153247-1024x364.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153247-300x107.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153247-768x273.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153247-1536x546.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153247.png 1901w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"362\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153305-1024x362.png\" alt=\"The image displays a close-up version of the Nifty Stock Market chart, used for predicting on April 05, 2024.\" class=\"wp-image-4453\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153305-1024x362.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153305-300x106.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153305-768x272.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153305-1536x544.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153305.png 1904w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Zoomed Nifty Chart in Daily Time Frame.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>On April 04,<\/strong> <strong>Sensex<\/strong> increased by <strong>350.81 <\/strong>points, reaching 74,227.63, while the <strong>Nifty <\/strong>rose by 80.00 points to 22,514.70. Market movements showed <strong>2,342 <\/strong>shares making gains, <strong>1,361 <\/strong>facing declines, and <strong>101 <\/strong>shares remained steady.<\/p>\n\n\n\n<p>Top Nifty gainers: <strong>HDFC Bank, Eicher Motors, Asian Paints, Tech Mahindra <\/strong>and <strong>Titan Company<\/strong><br>Top Nifty Losers: <strong>ONGC, Shriram Finance, Adani Ports, BPCL <\/strong>and <strong>Bharti Airtel.<\/strong><\/p>\n\n\n\n<p>Sector wise performance, the banking, power, and information technology sectors saw increases ranging from <strong>0.5%<\/strong> to <strong>1%,<\/strong> whereas the PSU Bank and oil &amp; gas sectors experienced declines between <strong>0.7%<\/strong> and <strong>1.6%.<\/strong><\/p>\n\n\n\n<p><strong>BSE midcap<\/strong> index ended flat, While <strong>smallcap <\/strong>index added <strong>0.5%<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Stock Prediction for <strong>05th April 2024<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div>.<\/h2>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-black-color has-luminous-vivid-orange-to-vivid-red-gradient-background has-text-color has-background has-link-color\"><tbody><tr><td><span style=\"text-decoration: underline;\">STOCK<\/span><\/td><td class=\"has-text-align-center\" data-align=\"center\"><span style=\"text-decoration: underline;\">Good Above<\/span><\/td><td class=\"has-text-align-center\" data-align=\"center\"><span style=\"text-decoration: underline;\">Weak Below<\/span><\/td><\/tr><tr><td><strong>BALRAMCHIN<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>385<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>380<\/strong><\/td><\/tr><tr><td><strong>BSOFT<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>784<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>777<\/strong><\/td><\/tr><tr><td><strong>RELIANCE<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>2943<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>2916<\/strong><\/td><\/tr><tr><td><strong>VOLTAS<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>1225<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>1208<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Prediction For Friday, <strong>NIFTY<\/strong> can go <strong>up<\/strong> if it goes above <strong>22,550 <\/strong>or <strong>down<\/strong> after the level of <strong>22,500<\/strong> but all depends upon the <strong>Global cues<\/strong>.<\/h2>\n\n\n\n<p>Nifty saw considerable fluctuations, moving between 22,300 and 22,600. A hanging man pattern has emerged on the index, suggesting a possible short-term bearish reversal. The immediate support level is set at 22,500; should there be a clear fall beneath this mark, the index could potentially move down to the range of 22,500-21,900 shortly. Conversely, resistance levels are identified between 22,550 and 22,700.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Highest Call Writing at<div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>22,550 (1.9 Crore)<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Highest Put Writing at<div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>22,500 (1.9 Crore)<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/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 class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Support <\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>22,500, 22,400<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Resistance<div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>22,550, 22,700<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/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<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"364\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153433-1024x364.png\" alt=\"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 April 05, 2024.\" class=\"wp-image-4454\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153433-1024x364.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153433-300x107.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153433-768x273.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153433-1536x545.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153433.png 1901w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"365\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153346-1024x365.png\" alt=\"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 April 05, 2024.\" class=\"wp-image-4455\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153346-1024x365.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153346-300x107.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153346-768x274.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153346-1536x548.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-04-153346.png 1903w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Zoomed Bank Nifty Chart in Daily Time Frame.<\/em><\/figcaption><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Prediction For Friday, <strong>Bank NIFTY<\/strong> can go <strong>up<\/strong> if it goes above <strong>48,000<\/strong> or <strong>down<\/strong> after the level of <strong>47,700<\/strong> but it all depends upon the <strong>Global cues<\/strong>.<\/h2>\n\n\n\n<p>Following its strong recovery, the Bank Nifty pushed above the key level of 48,000. The support level for the index is now at 47,700. For the uptrend to continue towards 49,000 or 50,000, it\u2019s essential that the index doesn&#8217;t drop below 48,000 after the RBI shares its policy update.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Highest Call Writing at<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>48,000 (19.9 Lakhs)<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Highest Put Writing at<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>47,700 (18.9 Lakhs)<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><\/tr><\/tbody><\/table><\/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 class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Support<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>47,700, 47,500<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Resistance<div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>48,000, 48,500<\/strong><div id=\"input_addon_container\" style=\"position: absolute; top: 0px; left: 0px; pointer-events: none;\"><\/div><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Click here to learn the <a href=\"https:\/\/www.spidersoftwareindia.com\/blog\/difference-between-cryptocurrencies-and-stocks\/\">Difference Between Cryptocurrencies and Stocks<\/a>.<\/p>\n\n\n\n<p>Join our upcoming Webinar on <a href=\"https:\/\/attendee.gotowebinar.com\/register\/1784332987417625180\">How to use the payoff Calculator<\/a>.<\/p>\n\n\n\n<p>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<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_4450\" class=\"pvc_stats all  \" data-element-id=\"4450\" 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 the Stock Market Today, Sensex climbs by 440 points and Nifty reaches 22,550; gains led by IT sector, while oil &amp; gas sectors face decline.<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_4450\" class=\"pvc_stats all  \" data-element-id=\"4450\" 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":4458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,11,1],"tags":[26,22,5,30,21,25,9,10,7,8],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock Market Prediction for Nifty &amp; Bank Nifty 05th April 2024.<\/title>\n<meta name=\"description\" content=\"In the Stock Market Today, Sensex climbs by 440 points and Nifty reaches 22,550; gains led by IT sector, while oil &amp; gas sectors face decline.\" \/>\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-prediction-for-nifty-bank-nifty-05th-april-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock Market Prediction for Nifty &amp; Bank Nifty 05th April 2024.\" \/>\n<meta property=\"og:description\" content=\"In the Stock Market Today, Sensex climbs by 440 points and Nifty reaches 22,550; gains led by IT sector, while oil &amp; gas sectors face decline.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Technical Analysis &amp; Finance Blogs by Spider Software\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/spidersoftwareindia\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-04T11:15:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-04T11:15:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"820\" \/>\n\t<meta property=\"og:image:height\" content=\"545\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Spider Software\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SpiderSoftIn\" \/>\n<meta name=\"twitter:site\" content=\"@SpiderSoftIn\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Spider Software\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/\"},\"author\":{\"name\":\"Spider Software\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c\"},\"headline\":\"Stock Market Prediction for Nifty &amp; Bank Nifty 05th April 2024.\",\"datePublished\":\"2024-04-04T11:15:12+00:00\",\"dateModified\":\"2024-04-04T11:15:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/\"},\"wordCount\":419,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg\",\"keywords\":[\"banknifty\",\"candlestick\",\"Educational\",\"Nifty\",\"Pattern\",\"resistance\",\"Share Market\",\"Spidersoftware\",\"Technical Analysis\",\"Trading\"],\"articleSection\":[\"Daily Research\",\"Market Research\",\"Stock Market\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/\",\"name\":\"Stock Market Prediction for Nifty & Bank Nifty 05th April 2024.\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg\",\"datePublished\":\"2024-04-04T11:15:12+00:00\",\"dateModified\":\"2024-04-04T11:15:16+00:00\",\"description\":\"In the Stock Market Today, Sensex climbs by 440 points and Nifty reaches 22,550; gains led by IT sector, while oil & gas sectors face decline.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg\",\"contentUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg\",\"width\":820,\"height\":545,\"caption\":\"DAILY RESEARCH MARKET RESEARCH STOCK MARKET Stock Market Prediction for Nifty & Bank Nifty 05th April 2024.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.spidersoftwareindia.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock Market Prediction for Nifty &amp; Bank Nifty 05th April 2024.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#website\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/\",\"name\":\"Technical Analysis &amp; Finance Blogs by Spider Software\",\"description\":\"Learn Stock Market | Finance | Technical Analysis | Investing | Trading\",\"publisher\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.spidersoftwareindia.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#organization\",\"name\":\"Spider Software\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/03\/Spidersoftware_logo-1-1.png\",\"contentUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/03\/Spidersoftware_logo-1-1.png\",\"width\":200,\"height\":80,\"caption\":\"Spider Software\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/spidersoftwareindia\/\",\"https:\/\/x.com\/SpiderSoftIn\",\"https:\/\/www.youtube.com\/user\/spidersoftwareindia\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c\",\"name\":\"Spider Software\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a9f16f9b8e0c23963ae668656ce4f6f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a9f16f9b8e0c23963ae668656ce4f6f?s=96&d=mm&r=g\",\"caption\":\"Spider Software\"},\"sameAs\":[\"https:\/\/www.spidersoftwareindia.com\/\",\"Admin\"],\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Stock Market Prediction for Nifty & Bank Nifty 05th April 2024.","description":"In the Stock Market Today, Sensex climbs by 440 points and Nifty reaches 22,550; gains led by IT sector, while oil & gas sectors face decline.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/","og_locale":"en_US","og_type":"article","og_title":"Stock Market Prediction for Nifty & Bank Nifty 05th April 2024.","og_description":"In the Stock Market Today, Sensex climbs by 440 points and Nifty reaches 22,550; gains led by IT sector, while oil & gas sectors face decline.","og_url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/","og_site_name":"Technical Analysis &amp; Finance Blogs by Spider Software","article_publisher":"https:\/\/www.facebook.com\/spidersoftwareindia\/","article_published_time":"2024-04-04T11:15:12+00:00","article_modified_time":"2024-04-04T11:15:16+00:00","og_image":[{"width":820,"height":545,"url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg","type":"image\/jpeg"}],"author":"Spider Software","twitter_card":"summary_large_image","twitter_creator":"@SpiderSoftIn","twitter_site":"@SpiderSoftIn","twitter_misc":{"Written by":"Spider Software","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#article","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/"},"author":{"name":"Spider Software","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c"},"headline":"Stock Market Prediction for Nifty &amp; Bank Nifty 05th April 2024.","datePublished":"2024-04-04T11:15:12+00:00","dateModified":"2024-04-04T11:15:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/"},"wordCount":419,"commentCount":0,"publisher":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg","keywords":["banknifty","candlestick","Educational","Nifty","Pattern","resistance","Share Market","Spidersoftware","Technical Analysis","Trading"],"articleSection":["Daily Research","Market Research","Stock Market"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/","url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/","name":"Stock Market Prediction for Nifty & Bank Nifty 05th April 2024.","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg","datePublished":"2024-04-04T11:15:12+00:00","dateModified":"2024-04-04T11:15:16+00:00","description":"In the Stock Market Today, Sensex climbs by 440 points and Nifty reaches 22,550; gains led by IT sector, while oil & gas sectors face decline.","breadcrumb":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#primaryimage","url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg","contentUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/04\/Stock-Market-Prediction-Template-1.jpg","width":820,"height":545,"caption":"DAILY RESEARCH MARKET RESEARCH STOCK MARKET Stock Market Prediction for Nifty & Bank Nifty 05th April 2024."},{"@type":"BreadcrumbList","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-april-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.spidersoftwareindia.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Stock Market Prediction for Nifty &amp; Bank Nifty 05th April 2024."}]},{"@type":"WebSite","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#website","url":"https:\/\/www.spidersoftwareindia.com\/blog\/","name":"Technical Analysis &amp; Finance Blogs by Spider Software","description":"Learn Stock Market | Finance | Technical Analysis | Investing | Trading","publisher":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.spidersoftwareindia.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#organization","name":"Spider Software","url":"https:\/\/www.spidersoftwareindia.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/03\/Spidersoftware_logo-1-1.png","contentUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2023\/03\/Spidersoftware_logo-1-1.png","width":200,"height":80,"caption":"Spider Software"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/spidersoftwareindia\/","https:\/\/x.com\/SpiderSoftIn","https:\/\/www.youtube.com\/user\/spidersoftwareindia"]},{"@type":"Person","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c","name":"Spider Software","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2a9f16f9b8e0c23963ae668656ce4f6f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2a9f16f9b8e0c23963ae668656ce4f6f?s=96&d=mm&r=g","caption":"Spider Software"},"sameAs":["https:\/\/www.spidersoftwareindia.com\/","Admin"],"url":"https:\/\/www.spidersoftwareindia.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/4450"}],"collection":[{"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/comments?post=4450"}],"version-history":[{"count":2,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/4450\/revisions"}],"predecessor-version":[{"id":4457,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/4450\/revisions\/4457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media\/4458"}],"wp:attachment":[{"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media?parent=4450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/categories?post=4450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/tags?post=4450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}