Nifty and Bank-Nifty Prediction for Tomorrow, Sep 5
Today, the Nifty stock market index opened higher by about 90 points. However, it started to decline during the first half of the trading day. The index even reached a low of 19,432 points. But then, it quickly rebounded and closed near its highest point of the day, above 19,500 points.
The broader market, which includes all the stocks that are not a part of the Nifty index, performed even better than the Nifty index. It closed at a new 52-week high. All the sectoral indices closed higher, except for the Nifty FMCG index, which declined by 0.1%. The top gainers were the Nifty PSU Bank index, which rose by 2.5%, the Metal index, which rose by 2.2%, and the IT index, which rose by 2.1%.
Observation:-
The stock market closed in positive territory today. The Sensex gained 0.37% and closed at 65,628.14, while the Nifty was up 0.48% and closed at 19,528.80. The Bank Nifty was up 0.32% and settled at 44,578.30.
The market has support at 19,225-19,275 points. The highest Open Interest (OI) is on the call side at 19,600, followed by 19,700 strike prices. The highest OI on the put side is at 19,400 strike price.
On the other hand, the Bank Nifty has support at 43,900-44,100 points, while resistance is placed at 44,900-45,100 points.
In simple terms, this means that the stock market closed higher today, and is expected to continue to rise in the near future. The support level is the price at which the market is likely to find buyers if it falls, and the resistance level is the price at which the market is likely to find sellers if it rises.
The OI data shows that the most active options contracts are those with strike prices of 19,600 and 19,700 for the call side and 19,400 for the put side. This means that traders are expecting the market to rise to these levels.
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Some Related Questions and Answers from this Article:-
- Why did the Nifty index open higher today?
- The Nifty index opened higher today due to positive global cues. The US stock market closed higher yesterday, and there was also positive news from China.
- What caused the Nifty index to decline during the first half of the trading day?
- The Nifty index declined during the first half of the trading day due to profit-taking by investors. There was also some negative news from Europe.
- Why did the Nifty index rebound and close near its highest point of the day?
- The Nifty index rebounded and closed near its highest point of the day due to buying by institutional investors. There was also positive news from the US.
- Why did the broader market perform even better than the Nifty index?
- The broader market performed even better than the Nifty index because it is more diversified and less sensitive to news from a single sector.
- What are the reasons for the decline in the Nifty FMCG index?
- The decline in the Nifty FMCG index was due to profit-taking by investors. The FMCG sector has been one of the best-performing sectors in the past few months, and investors are taking some profits now.
- Which are the top gainers in the Nifty index?
- The top gainers in the Nifty index are the Nifty PSU Bank index, the Metal index, and the IT index. These sectors are expected to benefit from the economic recovery.
- What are the support and resistance levels for the Nifty index?
- The support level for the Nifty index is 19,225-19,275 points. This is the price at which the market is likely to find buyers if it falls.
- The resistance level for the Nifty index is 19,600-19,700 points. This is the price at which the market is likely to find sellers if it rises.
- What does the OI data suggest about the market sentiment?
- The OI data suggests that traders are expecting the market to rise to the 19,600 and 19,700 levels. This is because the highest Open Interest (OI) is on the call side at these strike prices.
- What are the factors that are likely to affect the stock market in the near future?
- The factors that are likely to affect the stock market in the near future include the US Federal Reserve’s monetary policy, the war in Ukraine, and global economic growth.
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Disclaimer: This article is for informational purposes only and should not be considered as financial advice. Investing in stocks, and IPOs carries inherent risks, and individuals should perform their own due diligence before making any investment decisions. Please note that I am not a SEBI registered stock analyst, and the information provided in this analysis is purely for educational purposes.
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--------------------------------------------------------------------------------------------------------------------------------IN HINDI –
आज, निफ्टी शेयर बाजार सूचकांक लगभग 90 अंक बढ़कर खुला, लेकिन पहले सत्र के आधे में गिरावट शुरू हो गई। सूचकांक 19,432 अंक तक भी गिर गया, लेकिन फिर तेजी से उछलकर दिन के उच्चतम स्तर के पास, 19,500 अंक से ऊपर बंद हुआ।
व्यापक बाजार, जिसमें निफ्टी सूचकांक का हिस्सा नहीं बनने वाले सभी शेयर शामिल हैं, निफ्टी सूचकांक से भी बेहतर प्रदर्शन किया। यह एक नए 52-सप्ताह के उच्च स्तर पर बंद हुआ। सभी क्षेत्रीय सूचकांक उच्चतर बंद हुए, सिवाय निफ्टी एफएमसीजी सूचकांक के, जो 0.1% गिर गया। शीर्ष लाभार्थी निफ्टी पीएसयू बैंक सूचकांक थे, जो 2.5% बढ़े, धातु सूचकांक, जो 2.2% बढ़े और आईटी सूचकांक, जो 2.1% बढ़े।
निरीक्षण:-
शेयर बाजार आज सकारात्मक क्षेत्र में बंद हुआ। सेंसेक्स 0.37% बढ़कर 65,628.14 पर बंद हुआ, जबकि निफ्टी 0.48% बढ़कर 19,528.80 पर बंद हुआ। बैंक निफ्टी 0.32% बढ़कर 44,578.30 पर बंद हुआ।
बाजार में 19,225-19,275 अंकों का समर्थन है। उच्चतम ओपन इंटरेस्ट (ओआई) कॉल साइड पर 19,600 पर है, इसके बाद 19,700 स्ट्राइक प्राइस हैं। पुट साइड पर सबसे अधिक ओआई 19,400 स्ट्राइक प्राइस पर है।
दूसरी ओर, बैंक निफ्टी में 43,900-44,100 अंकों का समर्थन है, जबकि प्रतिरोध 44,900-45,100 अंकों पर है।
सरल शब्दों में, इसका मतलब है कि शेयर बाजार आज उच्च स्तर पर बंद हुआ है, और निकट भविष्य में और बढ़ने की उम्मीद है। समर्थन स्तर वह मूल्य है जिस पर बाजार गिरने पर खरीदार मिलने की संभावना है, और प्रतिरोध स्तर वह मूल्य है जिस पर बाजार बढ़ने पर sellers मिलने की संभावना है।
ओआई डेटा से पता चलता है कि सबसे अधिक सक्रिय विकल्प अनुबंध 19,600 और 19,700 स्ट्राइक मूल्यों के लिए कॉल साइड पर और 19,400 स्ट्राइक साइड पर हैं। इसका मतलब है कि व्यापारी इन स्तरों तक बाजार के बढ़ने की उम्मीद कर रहे हैं।
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