Nifty Prediction TodayThe Nifty index ended the session at 23,995 down by 97 points, closed near the resistance level of 24,000. . Upcoming major resistance now stands at 24300 zone and support at 24000 -24100 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 24,800–25,000. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,800–25,000 strikes, highlighting a strong resistance cap, whereas notable Put open interest at the 24,000–23,500 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 L1L2CloseResistance243002470023,995Support2400023700Exponential Moving AveragesExponential Moving Averages200 DEMA24,87821 DEMA24,139Bank Nifty Prediction TodayBank Nifty witnessed downward momentum, closing 863 points down at 55,400 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 L1L2CloseResistance575005950055,400Support5500053500Exponential Moving AveragesExponential Moving Averages200 DEMA56,66221 DEMA55,643Share Market News and Events TodayPositive NewsSEAMEC: The company, along with Supreme Hydro, signs an operations and maintenance (O&M) contract with ONGC for its vessel Samudra Sevak. The ONGC vessel O&M contract will run till 2028.BHEL: The company signs a transfer-of-technology agreement with DRDO’s NSTL unit. Under the pact, BHEL will develop infra-red suppression systems for naval vessels using GT-IRSS technology.RVNL: The company receives a construction order worth Rs. 39 crore from NMDC.PC Jeweller: The company’s arm, PCJ Mining, receives a one-year gold-mining licence in Chad.Negative NewsAdvait Energy Transitions: The company receives MCA approval for incorporation of three subsidiaries, Advait Battery Ecosystems, Advait Carbon Advisory, and Advait Unified Renewable Assets.

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