Nifty Prediction TodayThe Nifty index ended the session at 24,231 UP by 388 points, closed above the resistance level of 23,700. . Upcoming major resistance now stands at 24300 zone and support at 23700 -23800 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 L1L2CloseResistance243002480024,231Support2400023700Exponential Moving AveragesExponential Moving Averages200 DEMA24,90921 DEMA23,671Bank Nifty Prediction TodayBank Nifty witnessed upward momentum, closing 696 points up at 56,301 The index continues to hold support in the 54,500–55,000 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 L1L2CloseResistance570005750056,301Support5200049500Exponential Moving AveragesExponential Moving Averages200 DEMA56,68621 DEMA56,301Share Market News and Events TodayPositive NewsBrigade Enterprises: Co. signs an agreement for an 8.63‑acre development project in East Bengaluru, with a gross development value of Rs. 7,200 crore.GHV Infra: Co. receives a construction contract worth Rs. 815 crore from APCO Infra for miscellaneous civil works in Maharashtra.John Cockerill India: Co. has received a Rs.300 crore order from JSW Steel Coated Products.Suraj Estate Developers: Co.acquires land in Dadar (West) with an estimated gross development value potential of around Rs. 100 crore.Rubicon Research: Co. enters into an agreement to acquire an 85% stake in Arinna Lifesciences for Rs. 176 crore.Negative NewsSagility: Co. receives a tax demand of Rs. 100 crore from the Income Tax Department. (Negative)SAMHI Hotels: Co. signs a lease agreement for a ~162 room hotel in Noida. Its arm, Samhi Skyline, enters into a long term agreement with the Ingka Group to develop an upscale hotel in a mixed use project.

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