Nifty Prediction TodayThe Nifty index ended the session at 23,907 DOWN by 6 points, closed above the resistance 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 24,500–24,300. 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 23,500–23,800 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 L1L2CloseResistance243002450023,907Support2380023300 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,74321 DEMA24,046Bank Nifty Prediction TodayThe NIFTY BANK witnessed Downward momentum, closing 240 points down at 54,853 The index continues to hold support in the 54,500–54,000 zone, while resistance remains capped near the 56,500-57,000 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 57,000 strike and the highest put open interest at the 52,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance560005650054,853Support5450051500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,27721 DEMA54,533Share Market News and Events TodayPositive NewsWipro: Wipro has expanded its partnership with ServiceNow to deepen collaboration in enterprise transformation. The partnership will focus on implementing Agentic AI-driven workflows across core enterprise functions.Tata Elxsi: Launched a new AI platform called ‘AnaTel AI’ in collaboration with OpenAna, targeting software development in healthcare and med-tech.RITES: Signed an MoU with Crisil to jointly offer data-driven solutions.TCS : Company has partnered with Mistral to build custom AI models. The company will also set up a Centre of Excellence with Mistral to drive AI innovation.NTPC Green Energy: Declared Commercial Operations on the final 105 MW capacity of its 1,200 MW solar project in Gujarat.HG Infra: Declared the successful bidder by REC Power for a 35-year Transmission Service Provider Contract worth Rs 115 crore annually.Negative NewsPatanjali Foods: Received a show-cause notice from the Chennai Tax Body regarding a tax and penalty demand worth Rs 1,353 crore due to alleged anomalies in GST returns. The company plans to file an appropriate response and does not expect any financial liability.(Negative)

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