Nifty Prediction Today The Nifty index ended the session at 23,775 down by 222 points, closed above the resistance level of 23,700. . Upcoming major resistance now stands at 23300 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 L1L2CloseResistance240002430023,775Support2320023000Exponential Moving AveragesExponential Moving Averages200 DEMA24,93521 DEMA23,543Bank Nifty Prediction Today Bank Nifty witnessed downward momentum, closing 882 points down at 54,821 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 52,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance L1L2CloseResistance570005750054,821Support5200049500 LevelExponential Moving AveragesExponential Moving Averages200 DEMA56,70821 DEMA54,262Share Market News and Events TodayPositive NewsAshiana Housing: The company has acquired 28.55 acres of land in Pune for a new project that carries an estimated sales value potential of Rs. 1,800 crore.Saatvik Green Energy: The company secured a Rs. 109 crore order from EPC players for the supply of Solar PV Modules.Godfrey Phillips: The company reports that plaintiffs have unconditionally withdrawn their suit filed against the firm in the Delhi High Court.Eicher Motors: The company has expanded its EV portfolio by launching the ‘Flying Flea’ electric motorcycle, priced at Rs. 2.79 lakh.JSW Energy: The company has exercised its call option to acquire the remaining 26% stake in JSW Mahanadi Power (JMPCL), moving towards full ownership of the entity.GHV Infra: The company has secured a Rs. 105 crore order from GHV India for the construction of various projects located in Kalwa.Negative NewsKEC International: The company has received a tax demand notice of Rs. 46 crore from the Income Tax Department.

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