Nifty Prediction TodayThe Nifty index ended the session at 24,175 up by 169 points, closed above the support level of 23,800. . Upcoming major resistance now stands at 24300 zone and support at 23800 -23700 zone. Technically, this area remains significant and is likely to act as a support zone in the coming sessions, sustaining above the same will see fresh buying in the market. while on the upside, the index next major resistance zone stands at 24,300–24,500. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,300–24,500 strikes, highlighting a strong resistance cap, whereas notable Put open interest at the 23,500–23,700 strikes confirms a support base. Overall, while the broader market undertone remains positive, traders are advised to stay cautious amid global trade uncertainties and potential tariff-related developments.Nifty Support and Resistance Level L1L2CloseResistance243002460024,175Support2380023600 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,57121 DEMA24,067Bank Nifty Prediction TodayBank Nifty witnessed downward momentum, closing -1 points up at 58,031 The index continues to hold support in the 56,500–56,000 zone, while resistance remains capped near the 58,500-58,000 level. PSU and Pvt banks may see some profit booking. the broader structure of the banking space remains buy on dips, reflecting underlying volatile. The overall bias stays neutral with a range-bound outlook. Derivatives data shows the highest call open interest at the 58,000 strike and the highest put open interest at the 56,000 strike, indicating a potential trading range between these key levelBank Nifty Support and Resistance Level L1L2CloseResistance585005880058,031Support5700056000 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,29621 DEMA56,911Share Market News and Events TodayPositive NewsMarico: Reported strong double-digit volume growth in India, sustained international momentum, expects revenue growth in the early twenties and strong profit growth aided by softer copra prices despite higher input costs.Hindustan Zinc: Achieved its highest-ever first-quarter mined metal production at 268 kt, marking the fifth consecutive year of record Q1 mined metal output.Adani Enterprises: Signed an MoU with IHC Group’s IRH to develop a Rs 1.08 lakh crore ($11.5 billion) integrated aluminium project in Odisha through a 50:50 joint venture.Maruti Suzuki: Inaugurated its Kharkhoda plant with an initial capacity of 0.5 million vehicles annually, scalable to 1 million units, backed by a planned investment of Rs 35,000 crore.Premier Energies: Approved incorporation of a wholly owned subsidiary to undertake battery energy storage, battery cell, battery materials and related technology businessesTexmaco Rail & Engineering: Secured a Rs 26.56 crore signalling and Kavach works contract from South Central Railway, taking the Infra Rail & Green Energy order book to Rs 1,159.94 crore.Negative NewsUnited Breweries: Received a Rs 116.25 crore demand notice from the Patiala Market Committee over alleged non-payment of market fee and RDF on barley purchases, which the company plans to challenge.Varun Beverages: South African subsidiary Bevco will merge its subsidiary subsidiary Twizza.

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