Nifty Prediction TodayThe Nifty index ended the session at 23,161 down by 53 points, closed above the support level of 23,150. . Upcoming major resistance now stands at 23600 zone and support at 23000 -23100 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 24,000–24,300. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,000–24,500 strikes, highlighting a strong resistance cap, whereas notable Put open interest at the 23,000–23,200 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 L1L2CloseResistance233002360023,161Support2300022500 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,63121 DEMA23,768Bank Nifty Prediction TodayBANK NIFTY Nifty witnessed upward momentum, closing 76 points up at 55,176 The index continues to hold support in the 51,500–52,000 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 53,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance555005650055,176Support5400053500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,08821 DEMA54,547Share Market News and Events TodayPositive NewsHappiest Minds: The company has launched its new Agentic AI Platform called ‘Rel(AI) Build’.Infosys: The IT major entered into a pact with the CMMI Institute for an AI Maturity Framework.PCBL Chemical: The company commissioned a 20,000 MTPA production line at its Mundra facility, expanding into high-value printing segments to target growing digital and UV printing demand.Adani Enterprises: Its Joint Venture, AdaniConneX, completed the 100% acquisition of MBEL for a consideration of Rs 765 crore.Electronics Mart: Commenced commercial operations at a new store in Andhra Pradesh under the ‘Bajaj Electronics’ brand.Federal Bank: Launched a new variant of its FCNR (B) deposit scheme called ‘FCNR Max’ specifically tailored for its NRI customers.Affle 3i: The company was granted an Indian patent for its AI system covering a conversational agent system. This patent, focused on monitoring multiple AI agents, was earlier secured in the US market.Negative NewsHindustan Oil: The company has halted gas sales from its B-80 field due to necessary asset integrity-related maintenance.

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