Nifty & Bank Nifty Prediction for 9 January (Tuesday) Today

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NIFTY 50

Nifty Option Chain Analysis (9 January 2024) Tuesday –

Nifty PCR (Put Call Ratio) –

OI (Open Interest) PCR : 0.60

CHNG IN OI (Change in Open Interest) PCR : 0.028

Nifty Highest OI Writing –

Highest Call Writing At : 21700

Highest Put Writing At : 21500

Nifty Range / Level – 

Nifty Resistance Level – 21565 or 21580

Nifty Support Level – 21455

Nifty Sentiment Downtrend and Bearish(According to PCR)

NIFTY LIVE TRADING BREAKOUT LEVEL (MAGICAL LEVEL ✨✨) –

[ Last Updated on 8 January 8:30PM ]

BUY CALL : Above 21565 or 21580

BUY PUT : Below 21455

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Nifty 50 Prediction for 9 January 2024 (Tuesday) –

Nifty Intraday Trading :

Buying Call Option 🔼 –

If Nifty 50 breaks the level of 21565 on the upside and stay above this level for 5 minutes or closes the 15 minute candle above this level and forms a green candle, then you can buy a Call option and a good up side movements will be seen. Target: 00.

or

If Nifty 50 breaks the level of 21580 on the upside and stay above this level for 5 minutes or closes the 15 minute candle above this level and forms a green candle, then you can buy a Call option and a good up side movements will be seen. Target: 00.

Buying Put Option 🔽 –

If Nifty 50 breaks the level of 21455 on the downside and stay below this level for 5 minutes or closes the 15 minute candle below this level and forms a red candle, then you can buy a Put option and a good down side movements will be seen. Target : 21400.

or

If Nifty 50 breaks the level of 21400 on the downside and stay below this level for 5 minutes or closes the 15 minute candle below this level and forms a red candle, then you can buy a Put option and a good down side movements will be seen. Target : 21365.

Nifty Prediction for 9 January 2024 (Tuesday) – .

On 8 January, Nifty closed near 21,500 support with bearish candlestick pattern. This indicates a change in market sentiment. A closing breach of 21,500 could take Nifty to the next support at 21,200. Alternatively, holding support at 21,500 could pave the way for a recovery towards 21,650, which represents the immediate resistance zone.

Nifty Trend – 

Rupee Desk : The USD/INR : 83.1615 (-0.036%)

Nifty VIX : 13.46 (+6.59%)

Nifty Levels –

Intraday Buying –

Buy Call – Buy Above 21565 or 21580

Buy Put – Buy Below 21455

Nifty Breakout Levels –

For Buying Call Option : 21565, 21580.

For Buying Put Option : 21455, 21400.

BANK NIFTY

Bank Nifty Option Chain Analysis (9 January 2024) Tuesday –

Bank Nifty PCR (Put Call Ratio) –

OI (Open Interest) PCR : 0.51

CHNG IN OI (Change in Open Interest) PCR : 0.12

Bank Nifty Highest OI Writing –

Highest Call Writing At : 48000

Highest Put Writing At : 47500

Bank Nifty Range / Level – 

Bank Nifty Resistance Level – 47640

Bank Nifty Support Level – 47280 or 47160

Bank Nifty SentimentDowntrend and Bearish(According to PCR)

BANK NIFTY LIVE TRADING BREAKOUT LEVEL (MAGICAL LEVEL ✨✨) –

[ Last Updated on 8 January 8:21 PM ]

BUY CALL : Above 47640

BUY PUT : Below 47280 or 47160

♥ ♥ ♥ ♥

Bank Nifty Prediction for 9 January 2024 (Tuesday) –

Bank Nifty Intraday Trading :

Buying Call Option 🔼 –

If Bank Nifty breaks the level of 47640 on the upside and stay above this level for 5 minutes or closes the 15 minute candle above this level and forms a green candle, then you can buy a Call option and a good up side movements will be seen. Target : 00.

Buying Put Option 🔽 –

If Bank Nifty breaks the level of 47280 on the downside and stay below this level for 5 minutes or closes the 15 minute candle below this level and forms a red candle, then you can buy a Put option and a good down side movements will be seen. Target : 00.

or

If Bank Nifty breaks the level of 47160 on the downside and stay below this level for 5 minutes or closes the 15 minute candle below this level and forms a red candle, then you can buy a Put option and a good down side movements will be seen. Target : 47000 – 46864.

BankNifty Prediction for 9 January 2024 (Tuesday) – 

On 8 January, Bank Nifty gained momentum, breaking the important 47700 support level. Sustained trading below this level could lead to further downside, possibly reaching 47000. To resume a bullish trend, the index will have to overcome the key resistance at 48300, targeting 50000.

Bank Nifty Trend – 

Bank Nifty Levels –

Intraday Buying –

Buy Call – Buy Above 47640

Buy Put – Buy Below 47280 or 47160

Bank Nifty Breakout Levels –

For Buying Call Option : 47640.

For Buying Put Option : 47280, 47160, 47000.

Stock Market Highlights

  • Top Gainers – NTPC, Mahindra & Mahindra, Wipro, Power Grid Corporation of India, Tata Steel

  • Top Losers – Infosys, Bajaj Finserv, Tata Consultancy Services, Bajaj Finance, Tata Motors

  • Sensex up 179, Nifty closed above 21700; Rise in IT shares.

  • GAIL signs 10-year LNG purchase agreement with Vitol.

  • Invesco has increased the valuation of Indian food delivery company Swiggy to $8.3 billion.

  • Reliance Jio was the biggest beneficiary in the customer war in October.

  • Sensex, Nifty 50 closed with significant losses.

  • Tata Steel announces date for allotment of shares to TCIL shareholders.

  • Multibagger penny stocks hit upper circuit for the seventh consecutive day.

  • Budget 2024: Liquid’s Anuj Bajpayee says the announcements could contain measures with mass appeal.

  • Sula Vineyards shares jumped 17% to a new high as CLSA revised down its target price.

  • Raised Valuation Ashish Kacholia bought a stake in this SME stock during the third quarter. Shares hitting lifetime highs could weigh on Indian stock market returns in 2024.

  • Waari Renewables stock hits new record high, up 50% in just 6 sessions.

  • Alok Industries shares surged 65% in 5 consecutive sessions on RIL funding.

  • Stocks to buy this week: 12 tech picks including Zomato, CAMS, REC.

  • GMR Airports share price rose 4% on discount from monthly annual fee.

  • Q3 results: Bajaj, Hero, others to lead earnings growth for 2W and PV auto producers.

  • Godrej Consumer Products shares fall more than 5% after Q3 business update.

  • India rises to second position in MSCI Emerging Markets Index.

  • Titan stock rose more than 1.5% to an all-time high on a healthy Q3 update.

  • Chambal Fertilizers stock is in focus today with the board considering buyback of shares.

  • Shares of EaseMyTrip rose 6% despite the suspension of all flight reservations to Maldives.

[ Nifty & Bank Nifty Prediction for 10 January Wednesday Today ]

[ Nifty & Bank Nifty Prediction for 8 January (Monday) : Today ]

Nifty Prediction for 9 January, Prediction for Stock Market Trading, Nifty or BankNifty

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