{"id":4974,"date":"2024-06-04T17:08:50","date_gmt":"2024-06-04T11:38:50","guid":{"rendered":"https:\/\/www.spidersoftwareindia.com\/blog\/?p=4974"},"modified":"2024-06-04T17:12:34","modified_gmt":"2024-06-04T11:42:34","slug":"stock-market-prediction-for-nifty-bank-nifty-05th-june-2024","status":"publish","type":"post","link":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/","title":{"rendered":"Stock Market Prediction for Nifty &amp; Bank Nifty 05th June 2024."},"content":{"rendered":"\n<p>In the <strong>Stock Market Today<\/strong>, <strong>Stocks <\/strong>tumble as NDA falls short of expected landslide victory, <strong>Sensex <\/strong>down <strong>4,390 <\/strong>pts, Nifty below <strong>22,000<\/strong>.<\/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=\"370\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160039-1024x370.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 June 05, 2024.\" class=\"wp-image-4975\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160039-1024x370.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160039-300x108.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160039-768x277.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160039-1536x554.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160039.png 1887w\" 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=\"370\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160059-1024x370.png\" alt=\"The image displays Intraday version of the Nifty Stock Market chart, used for predicting on June 05, 2024.\" class=\"wp-image-4976\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160059-1024x370.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160059-300x108.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160059-768x278.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160059-1536x555.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160059.png 1887w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Zoomed Nifty Chart in Intraday Time Frame.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>On May 04<\/strong> <strong>Sensex <\/strong>dropped by <strong>4,389.73 <\/strong>points, landing at <strong>72,079.05<\/strong>. Similarly, the <strong>Nifty <\/strong>fell by <strong>1,379.40 <\/strong>points, closing at <strong>21,884.50<\/strong>. Out of all traded shares, <strong>331 <\/strong>advanced, <strong>-3,093<\/strong> declined, and <strong>55 <\/strong>remained unchanged.<\/p>\n\n\n\n<p>Top Nifty gainers:<strong> HUL, Nestle, Britannia Industries, Hero MotoCorp <\/strong>and <strong>Tata Consumer Products,<br><\/strong>Top Nifty Losers:<strong> Adani Ports, Adani Enterprises, ONGC, NTPC <\/strong>and <strong>SBI<\/strong><\/p>\n\n\n\n<p>All sectoral indices, except FMCG, finished in the negative territory. Realty, Telecom, Metal, Capital Goods, Oil &amp; Gas, Power, and PSU Bank sectors each declined by over 10%.<\/p>\n\n\n\n<p><strong>BSE Midcap<\/strong> index shed <strong>8%<\/strong> and <strong>smallcap<\/strong> index fell nearly <strong>7%<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Stock Prediction for <strong>05th June 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>ASIANPAINTS<\/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>2888<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>2860<\/strong><\/td><\/tr><tr><td><strong>CIPLA<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>1470<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>1450<\/strong><\/td><\/tr><tr><td><strong>GODREJCP<\/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>1355<\/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>1340<\/strong><\/td><\/tr><tr><td><strong>TECHM<\/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>1260<\/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>1240<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Prediction For Wednesday, <strong>NIFTY<\/strong> can go <strong>up<\/strong> if it goes above <strong>23,200 <\/strong>or <strong>down<\/strong> after the level of <strong>22,400<\/strong> but all depends upon the <strong>Global cues<\/strong>.<\/h2>\n\n\n\n<p>Nifty started the day with a gap down and plummeted, ending the session down approximately 6%. This decline marked a clear break below the recent swing low of 21820, disrupting the pattern of higher highs and higher lows. Looking ahead, the levels of 23200 to 24000 are expected to act as significant resistance. The support levels are anticipated to range between 22400 and 21000.<\/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>23,200 (1.3 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>22,400 (73.9 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\">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>22,400 &#8211; 21,000<\/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>23,200 &#8211; 24,000<\/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=\"369\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160317-1024x369.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 June 05, 2024.\" class=\"wp-image-4977\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160317-1024x369.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160317-300x108.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160317-768x277.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160317-1536x554.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160317.png 1891w\" 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=\"375\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160257-1024x375.png\" alt=\"The image displays Intraday version of the Nifty Bank Stock Market chart, used for predicting on June 05, 2024.\" class=\"wp-image-4978\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160257-1024x375.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160257-300x110.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160257-768x281.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160257-1536x563.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-160257.png 1889w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Zoomed Bank Nifty Chart in Intraday Time Frame.<\/em><\/figcaption><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Prediction For Wednesday, <strong>Bank NIFTY<\/strong> can go <strong>up<\/strong> if it goes above <strong>49,600<\/strong> or <strong>down<\/strong> after the level of <strong>45,500<\/strong> but it all depends upon the <strong>Global cues<\/strong>.<\/h2>\n\n\n\n<p>Bank Nifty has recently breached the ascending channel, signaling a shift in its trend. We foresee a correction towards the support level of 45500 to 45000. Conversely, the resistance level is likely to be encountered in the range of 49600 to 51000 on the upside.<\/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\">49,6<strong>00 (32.6 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>45,500 (15.4 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>45,500 &#8211; 45,000<\/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>49,600 &#8211; 51,000<\/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>Highly Profitable Algo Trading Strategies. Try Spider Now: <a href=\"https:\/\/bit.ly\/3xWmewB\">Register Now<\/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_4974\" class=\"pvc_stats all  \" data-element-id=\"4974\" 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, Stocks tumble as NDA falls short of expected landslide victory, Sensex down 4,390 pts, Nifty below 22,000.<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_4974\" class=\"pvc_stats all  \" data-element-id=\"4974\" 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":4979,"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 June 2024.<\/title>\n<meta name=\"description\" content=\"In the Stock Market Today, Stocks tumble as NDA falls short of expected landslide victory, Sensex down 4,390 pts, Nifty below 22,000.\" \/>\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-june-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 June 2024.\" \/>\n<meta property=\"og:description\" content=\"In the Stock Market Today, Stocks tumble as NDA falls short of expected landslide victory, Sensex down 4,390 pts, Nifty below 22,000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-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=\"2024-06-04T11:38:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-04T11:42:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.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-june-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/\"},\"author\":{\"name\":\"Spider Software\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c\"},\"headline\":\"Stock Market Prediction for Nifty &amp; Bank Nifty 05th June 2024.\",\"datePublished\":\"2024-06-04T11:38:50+00:00\",\"dateModified\":\"2024-06-04T11:42:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/\"},\"wordCount\":403,\"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-june-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.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-june-2024\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/\",\"name\":\"Stock Market Prediction for Nifty & Bank Nifty 05th June 2024.\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.jpg\",\"datePublished\":\"2024-06-04T11:38:50+00:00\",\"dateModified\":\"2024-06-04T11:42:34+00:00\",\"description\":\"In the Stock Market Today, Stocks tumble as NDA falls short of expected landslide victory, Sensex down 4,390 pts, Nifty below 22,000.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#primaryimage\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.jpg\",\"contentUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.jpg\",\"width\":820,\"height\":545,\"caption\":\"Stock Market Prediction for Nifty & Bank Nifty 05th June 2024.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-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 June 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 June 2024.","description":"In the Stock Market Today, Stocks tumble as NDA falls short of expected landslide victory, Sensex down 4,390 pts, Nifty below 22,000.","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-june-2024\/","og_locale":"en_US","og_type":"article","og_title":"Stock Market Prediction for Nifty & Bank Nifty 05th June 2024.","og_description":"In the Stock Market Today, Stocks tumble as NDA falls short of expected landslide victory, Sensex down 4,390 pts, Nifty below 22,000.","og_url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/","og_site_name":"Technical Analysis &amp; Finance Blogs by Spider Software","article_publisher":"https:\/\/www.facebook.com\/spidersoftwareindia\/","article_published_time":"2024-06-04T11:38:50+00:00","article_modified_time":"2024-06-04T11:42:34+00:00","og_image":[{"width":820,"height":545,"url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.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-june-2024\/#article","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/"},"author":{"name":"Spider Software","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c"},"headline":"Stock Market Prediction for Nifty &amp; Bank Nifty 05th June 2024.","datePublished":"2024-06-04T11:38:50+00:00","dateModified":"2024-06-04T11:42:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/"},"wordCount":403,"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-june-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.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-june-2024\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/","url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/","name":"Stock Market Prediction for Nifty & Bank Nifty 05th June 2024.","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.jpg","datePublished":"2024-06-04T11:38:50+00:00","dateModified":"2024-06-04T11:42:34+00:00","description":"In the Stock Market Today, Stocks tumble as NDA falls short of expected landslide victory, Sensex down 4,390 pts, Nifty below 22,000.","breadcrumb":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-2024\/#primaryimage","url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.jpg","contentUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/06\/Stock-Market-Prediction-Template-2.jpg","width":820,"height":545,"caption":"Stock Market Prediction for Nifty & Bank Nifty 05th June 2024."},{"@type":"BreadcrumbList","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-05th-june-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 June 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\/4974"}],"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=4974"}],"version-history":[{"count":1,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/4974\/revisions"}],"predecessor-version":[{"id":4980,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/4974\/revisions\/4980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media\/4979"}],"wp:attachment":[{"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media?parent=4974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/categories?post=4974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/tags?post=4974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}