Nifty Prediction TodayThe Nifty index ended the session at 23,842 down by 208 points, closed above the resistance level of 23,700. . Upcoming major resistance now stands at 24300 zone and support at 23200 -23300 zone. Technically, this area remains significant and is likely to act as a resistance 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 24,200–24,400. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,200–24,500 strikes, highlighting a strong resistance cap, whereas notable Put open interest at the 23,000–23,500 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 L1L2CloseResistance243002480023,842Support2400023700 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,91621 DEMA23,615Bank Nifty Prediction TodayBank Nifty witnessed downward momentum, closing 307 points down at 55,605 The index continues to hold support in the 52,500–53,000 zone, while resistance remains capped near the 57,000 level. PSU and Pvt banks saw some buying interest, the broader structure of the banking space remains cautious, reflecting underlying volatile. The overall bias stays neutral with a range-bound outlook. Derivatives data shows the highest call open interest at the 57,500 strike and the highest put open interest at the 54,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance570005750055,605Support5200049500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,68921 DEMA54,520Share Market News and Events TodayPositive NewsHindustan Zinc: Co. emerges as the successful bidder for a potash and halite block in Rajasthan. The block has a total area of 1,841.2 hectares.SAIL: Co.plans to set up a greenfield 600 MW solar power project in Uttar Pradesh with an investment of Rs. 3,295 crore.HG Infra Engineering: Co. receives an order worth Rs. 519 crore from Mirzapur Thermal Energy for civil and P‑way works in Mirzapur, Uttar Pradesh.Godawari Power & Ispat: Co’s arm, GNEPL, enters into a five‑year agreement with EVE Power for supply of 628 Ah LFP cells for the first phase of a 20 GWh Battery Energy Storage System (BESS) project.City Union Bank: Co. opens six new branches across Kerala, Madhya Pradesh, and Telangana, taking the total branch count to 956.Negative NewsUjjivan Small Finance Bank: Co.states that RBI has returned its universal banking licence application and has advised it to reapply after achieving greater diversification in its loan portfolio. (Negative)

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