{"id":5592,"date":"2024-08-08T16:48:54","date_gmt":"2024-08-08T11:18:54","guid":{"rendered":"https:\/\/www.spidersoftwareindia.com\/blog\/?p=5592"},"modified":"2024-08-08T16:48:56","modified_gmt":"2024-08-08T11:18:56","slug":"stock-market-prediction-for-nifty-bank-nifty-09th-august-2024","status":"publish","type":"post","link":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/","title":{"rendered":"Stock Market Prediction for Nifty &amp; Bank Nifty 09th August 2024."},"content":{"rendered":"\n<p>Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates 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<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"296\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160108-1024x296.png\" alt=\"\" class=\"wp-image-5593\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160108-1024x296.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160108-300x87.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160108-768x222.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160108-1536x445.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160108.png 1541w\" 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=\"411\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160156-1024x411.png\" alt=\"The image displays Intraday version of the Nifty Stock Market chart, used for predicting on August 09, 2024\" class=\"wp-image-5594\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160156-1024x411.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160156-300x120.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160156-768x308.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160156.png 1521w\" 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 August 08, <\/strong>The Sensex was down by <strong>581.79&nbsp; <\/strong>points, to <strong>78,886.22<\/strong>, while the Nifty was down by <strong>180.50&nbsp;<\/strong>points, to <strong>24,117<\/strong>. About <strong>1702 <\/strong>shares advanced, <strong>1679 <\/strong>shares declined, and <strong>84<\/strong> shares unchanged.<\/p>\n\n\n\n<p>Top Nifty gainers: <strong>HDFC Life, Tata Motors, SBI Life Insurance, HDFC Bank and Cipla.<br><\/strong>Top Nifty Losers: <strong><strong>LTIMindtree, Grasim Industries, Asian Paints, Power Grid Corp and Infosys<\/strong><\/strong><\/p>\n\n\n\n<p>In terms of sectors, only pharma, healthcare, and media did well. All other sectors, including metal, real estate, oil &amp; gas, and information technology, fell by 1-2 percent.<\/p>\n\n\n\n<p><strong>BSE Midcap <\/strong>index was down <strong>0.4 percent<\/strong> and <strong>Smallcap<\/strong> index ended flat.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Stock Prediction for 09th August 2024<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>GRANULES<\/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>657<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>650<\/strong><\/td><\/tr><tr><td><strong>SIEMENS<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>6775<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>6700<\/strong><\/td><\/tr><tr><td><strong>TATAMOTORS<\/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>1055<\/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>1040<\/strong><\/td><\/tr><tr><td><strong>ZYDUSLIFE<\/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>1296<\/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>1278<\/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 24,430 or <strong>down<\/strong> after the level of 24,100&nbsp;but it all depends upon the <strong>Global cues<\/strong>.<\/h2>\n\n\n\n<p>Despite extreme volatility, the Nifty50 ended the weekly expiry day on a weak note. Resistance on the upside is at 24,430-24,870, while support on the downside is at 24,100-23,800.<\/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>24,430 (1.1 cr)<\/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>24,100<\/strong> <strong>(1.9 cr)<\/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>24,100-23,800<\/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>24,430-24,870<\/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=\"306\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160332-1024x306.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 August 09, 2024.\" class=\"wp-image-5597\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160332-1024x306.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160332-300x90.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160332-768x230.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160332.png 1532w\" 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=\"322\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160712-1024x322.png\" alt=\"\" class=\"wp-image-5606\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160712-1024x322.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160712-300x94.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160712-768x241.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-08-160712.png 1493w\" 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 Friday, <strong>Bank NIFTY<\/strong> can go <strong>up<\/strong> if it goes above <strong>50,630<\/strong> or <strong>down<\/strong> after the level of <strong>49,800<\/strong> but it all depends upon the <strong>Global cues<\/strong>.<\/h2>\n\n\n\n<p>The Bank Nifty saw a late surge, allowing it to close significantly higher than its intraday lows forming a green candlestick. The resistance levels are at 50,630-51,360, and the support levels are at 49,800 \u201349,500.<\/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><strong>50,630<\/strong><\/strong> <strong> (16.9 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>49,800<\/strong> <strong>(14.6 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>50,630-51,360<\/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>49,800\u2013 49,500<\/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>Power of Algorithms in Options Trading, 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_5592\" class=\"pvc_stats all  \" data-element-id=\"5592\" 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>Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates the same.<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_5592\" class=\"pvc_stats all  \" data-element-id=\"5592\" 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":5612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,1],"tags":[26,22,5,30,21,25,9,10,7],"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 09th August 2024.<\/title>\n<meta name=\"description\" content=\"Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates the same.\" \/>\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-09th-august-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 09th August 2024.\" \/>\n<meta property=\"og:description\" content=\"Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates the same.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-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=\"2024-08-08T11:18:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-08T11:18:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg\" \/>\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-09th-august-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/\"},\"author\":{\"name\":\"Spider Software\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c\"},\"headline\":\"Stock Market Prediction for Nifty &amp; Bank Nifty 09th August 2024.\",\"datePublished\":\"2024-08-08T11:18:54+00:00\",\"dateModified\":\"2024-08-08T11:18:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/\"},\"wordCount\":375,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg\",\"keywords\":[\"banknifty\",\"candlestick\",\"Educational\",\"Nifty\",\"Pattern\",\"resistance\",\"Share Market\",\"Spidersoftware\",\"Technical Analysis\"],\"articleSection\":[\"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-09th-august-2024\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/\",\"name\":\"Stock Market Prediction for Nifty & Bank Nifty 09th August 2024.\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg\",\"datePublished\":\"2024-08-08T11:18:54+00:00\",\"dateModified\":\"2024-08-08T11:18:56+00:00\",\"description\":\"Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates the same.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg\",\"contentUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg\",\"width\":820,\"height\":545,\"caption\":\"Stock Market Prediction for Nifty & Bank Nifty 09th August 2024.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-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 09th August 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 09th August 2024.","description":"Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates the same.","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-09th-august-2024\/","og_locale":"en_US","og_type":"article","og_title":"Stock Market Prediction for Nifty & Bank Nifty 09th August 2024.","og_description":"Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates the same.","og_url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/","og_site_name":"Technical Analysis &amp; Finance Blogs by Spider Software","article_publisher":"https:\/\/www.facebook.com\/spidersoftwareindia\/","article_published_time":"2024-08-08T11:18:54+00:00","article_modified_time":"2024-08-08T11:18:56+00:00","og_image":[{"width":820,"height":545,"url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg","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-09th-august-2024\/#article","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/"},"author":{"name":"Spider Software","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c"},"headline":"Stock Market Prediction for Nifty &amp; Bank Nifty 09th August 2024.","datePublished":"2024-08-08T11:18:54+00:00","dateModified":"2024-08-08T11:18:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/"},"wordCount":375,"commentCount":0,"publisher":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg","keywords":["banknifty","candlestick","Educational","Nifty","Pattern","resistance","Share Market","Spidersoftware","Technical Analysis"],"articleSection":["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-09th-august-2024\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/","url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/","name":"Stock Market Prediction for Nifty & Bank Nifty 09th August 2024.","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg","datePublished":"2024-08-08T11:18:54+00:00","dateModified":"2024-08-08T11:18:56+00:00","description":"Today, the Nifty closed at 24,100, and the Sensex dropped by 590 points because the RBI decided to keep interest rates the same.","breadcrumb":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-2024\/#primaryimage","url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg","contentUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-08-at-4.48.14-PM.jpeg","width":820,"height":545,"caption":"Stock Market Prediction for Nifty & Bank Nifty 09th August 2024."},{"@type":"BreadcrumbList","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-09th-august-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 09th August 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\/5592"}],"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=5592"}],"version-history":[{"count":5,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/5592\/revisions"}],"predecessor-version":[{"id":5611,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/5592\/revisions\/5611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media\/5612"}],"wp:attachment":[{"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media?parent=5592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/categories?post=5592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/tags?post=5592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}