{"id":6477,"date":"2024-10-22T17:31:51","date_gmt":"2024-10-22T12:01:51","guid":{"rendered":"https:\/\/www.spidersoftwareindia.com\/blog\/?p=6477"},"modified":"2024-10-23T10:29:37","modified_gmt":"2024-10-23T04:59:37","slug":"stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024","status":"publish","type":"post","link":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/","title":{"rendered":"Stock Market Prediction for Nifty &amp; Bank Nifty 23rd Oct 2024"},"content":{"rendered":"\n<p>In the stock market today, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.<\/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 is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"370\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155133-1024x370.png\" alt=\"\" class=\"wp-image-6478\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155133-1024x370.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155133-300x108.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155133-768x277.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155133-1536x555.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155133.png 1886w\" 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=\"373\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155214-1024x373.png\" alt=\"\" class=\"wp-image-6479\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155214-1024x373.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155214-300x109.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155214-768x280.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155214-1536x560.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155214.png 1885w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><strong>On October 22,<\/strong> The Sensex fell by <strong>930.55 <\/strong>points, settling at <strong>80,220.72<\/strong>, while the Nifty decreased by <strong>309.00 <\/strong>points, to reach <strong>24,472.10<\/strong>. Out of the total shares, <strong>553 <\/strong>saw gains, <strong>-3,264<\/strong> experienced declines, and <strong>72 <\/strong>remained unchanged.<\/p>\n\n\n\n<p>Top Nifty gainers:<strong> &nbsp;<\/strong>&nbsp;<strong>ICICI Bank, Nestle India, Infosys<\/strong>,<br>Top Nifty Losers: <strong>&nbsp;Adani Enterprises, M&amp;M, Bharat Electronics, Coal India, Tata Steel<\/strong>.<\/p>\n\n\n\n<p>All sectoral indices closed lower, with declines of 2-3% observed in the auto, capital goods, metal, power, real estate, telecom, media, and PSU bank sectors.<\/p>\n\n\n\n<p><strong>BSE Midcap<\/strong> index dropped by <strong>2.5%<\/strong>, while the <strong>Smallcap <\/strong>index fell by <strong>3.8%.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Stock Prediction for 23rd Oct 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>CONCOR<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>848<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>840<\/strong><\/td><\/tr><tr><td><strong>HCLTECH<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>1830<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>1810<\/strong><\/td><\/tr><tr><td><strong>ICICIBANK<\/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><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><\/td><\/tr><tr><td><strong>M&amp;M<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong>2916<\/strong><\/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>2885<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Prediction <strong>for <\/strong>Wednesday <strong>NIFTY<\/strong> can go <strong>up<\/strong> if it goes above 25,000 or <strong>down<\/strong> after the level of 24,400,&nbsp;but it all depends upon the <strong>Global cues<\/strong>.<\/h2>\n<\/div><\/div>\n\n\n\n<p>Nifty started with a gap up, but as the day went on, selling pressure increased, leading to a closing drop of about 309 points. The daily charts indicate that Nifty has decisively fallen below the 20-week average (24,718), signaling weakness. On the downside, we anticipate Nifty may drift toward the 24,400\u201324,000 range, where there is a significant concentration of open interest on the put side, suggesting support. Conversely, the 25,000\u201325,500 range is expected to serve as important resistance from a short-term viewpoint.<\/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>25,000 (94.7 Lakh)<\/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><strong> 24,400<\/strong><\/strong> <strong>(57.5 Lakh)<\/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><strong>24,400 to 24,000 <\/strong><\/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><strong>25,000 to 25,500<\/strong><\/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=\"371\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155248-1024x371.png\" alt=\"\" class=\"wp-image-6480\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155248-1024x371.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155248-300x109.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155248-768x278.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155248-1536x556.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155248.png 1886w\" 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=\"374\" src=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155233-1024x374.png\" alt=\"\" class=\"wp-image-6481\" srcset=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155233-1024x374.png 1024w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155233-300x110.png 300w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155233-768x280.png 768w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155233-1536x561.png 1536w, https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-22-155233.png 1884w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/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>52,500 <\/strong>or <strong>down<\/strong> after the level of <strong>51,000, <\/strong>but it all depends upon the <strong>Global cues<\/strong>.<\/h2>\n\n\n\n<p>Bank Nifty opened significantly higher but struggled to maintain those elevated levels, ending the day down by 132 points. The failure to hold onto gains indicates a lack of strength, suggesting further consolidation before any substantial upward movement. The immediate resistance zone is between 52,500 and 53,000, while key support is found at 51,500 to 51,000.<\/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>52,500<\/strong> (<strong>42.6 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>51,500 (22.3 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><strong>51,500 to 51,000<\/strong><\/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>52,500 to 53,000<\/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>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\n\n\n<p><\/p>\n<div class=\"pvc_clear\"><\/div><p id=\"pvc_stats_6477\" class=\"pvc_stats all  \" data-element-id=\"6477\" 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, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_6477\" class=\"pvc_stats all  \" data-element-id=\"6477\" 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":6482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"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 23rd Oct 2024<\/title>\n<meta name=\"description\" content=\"In the stock market today, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.\" \/>\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-23rd-oct-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 23rd Oct 2024\" \/>\n<meta property=\"og:description\" content=\"In the stock market today, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-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=\"2024-10-22T12:01:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-23T04:59:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.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-23rd-oct-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/\"},\"author\":{\"name\":\"Spider Software\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c\"},\"headline\":\"Stock Market Prediction for Nifty &amp; Bank Nifty 23rd Oct 2024\",\"datePublished\":\"2024-10-22T12:01:51+00:00\",\"dateModified\":\"2024-10-23T04:59:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/\"},\"wordCount\":425,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg\",\"keywords\":[\"banknifty\",\"candlestick\",\"Educational\",\"Nifty\",\"Pattern\",\"resistance\",\"Share Market\",\"Spidersoftware\",\"Technical Analysis\",\"Trading\"],\"articleSection\":[\"Daily Research\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/\",\"name\":\"Stock Market Prediction for Nifty & Bank Nifty 23rd Oct 2024\",\"isPartOf\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg\",\"datePublished\":\"2024-10-22T12:01:51+00:00\",\"dateModified\":\"2024-10-23T04:59:37+00:00\",\"description\":\"In the stock market today, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage\",\"url\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg\",\"contentUrl\":\"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg\",\"width\":820,\"height\":545},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-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 23rd Oct 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 23rd Oct 2024","description":"In the stock market today, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.","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-23rd-oct-2024\/","og_locale":"en_US","og_type":"article","og_title":"Stock Market Prediction for Nifty & Bank Nifty 23rd Oct 2024","og_description":"In the stock market today, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.","og_url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/","og_site_name":"Technical Analysis &amp; Finance Blogs by Spider Software","article_publisher":"https:\/\/www.facebook.com\/spidersoftwareindia\/","article_published_time":"2024-10-22T12:01:51+00:00","article_modified_time":"2024-10-23T04:59:37+00:00","og_image":[{"width":820,"height":545,"url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.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-23rd-oct-2024\/#article","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/"},"author":{"name":"Spider Software","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#\/schema\/person\/353672ac390b1dad16d20ce4dd43501c"},"headline":"Stock Market Prediction for Nifty &amp; Bank Nifty 23rd Oct 2024","datePublished":"2024-10-22T12:01:51+00:00","dateModified":"2024-10-23T04:59:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/"},"wordCount":425,"commentCount":0,"publisher":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg","keywords":["banknifty","candlestick","Educational","Nifty","Pattern","resistance","Share Market","Spidersoftware","Technical Analysis","Trading"],"articleSection":["Daily Research"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/","url":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/","name":"Stock Market Prediction for Nifty & Bank Nifty 23rd Oct 2024","isPartOf":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg","datePublished":"2024-10-22T12:01:51+00:00","dateModified":"2024-10-23T04:59:37+00:00","description":"In the stock market today, Nifty hits a two-month low as Sensex falls 931 points amid widespread market sell-off.","breadcrumb":{"@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-2024\/#primaryimage","url":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg","contentUrl":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-content\/uploads\/2024\/10\/Prediction-Template-8.jpg","width":820,"height":545},{"@type":"BreadcrumbList","@id":"https:\/\/www.spidersoftwareindia.com\/blog\/stock-market-prediction-for-nifty-bank-nifty-23rd-oct-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 23rd Oct 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\/6477"}],"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=6477"}],"version-history":[{"count":2,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/6477\/revisions"}],"predecessor-version":[{"id":6485,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/posts\/6477\/revisions\/6485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media\/6482"}],"wp:attachment":[{"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/media?parent=6477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/categories?post=6477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spidersoftwareindia.com\/blog\/wp-json\/wp\/v2\/tags?post=6477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}