Nifty Prediction TodayThe Nifty index ended the session at 23,242 up by 119 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 24,500–24,300. 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 23,000–23,500 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 developmentsNifty Support and Resistance Level L1L2CloseResistance233002380023,242Support2300022500 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,65521 DEMA23,836Bank Nifty Prediction TodayBANK NIFTY witnessed upward momentum, closing 1130 points up at 55,194 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 52,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance550005650055,194Support5400053500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,16421 DEMA54,422Share Market News and Events TodayPositive NewsBharti Airtel: The Bombay High Court allowed a petition filed by the company, setting aside a massive Rs 8,414 crore demand notice, which included an OTSC demand of Rs 473.7 crore pertaining to its arm, Bharti Hexacom.HCLTech: Launched a new Cybersecurity Fusion Center in Ontario to expand its cybersecurity capabilities and footprint in Canada.Dixon Tech: Signed a binding Joint Venture term sheet with Gemtek to manufacture optical transceivers and networking gear focusing on the data center and telecom ecosystem. Dixon will hold a 60% stake, while Gemtek will hold 40%.Afcons Infra: Secured a massive Letter of Acceptance (LoA) worth Rs 5,301 crore for the Breakwater Project at the Vadhvan Port.NTPC Green: Its subsidiary, NTPC Renewable Energy, will develop a new 250 MW solar power project in Uttar Pradesh.Bharti Hexacom: Received significant relief as the Bombay High Court set aside an Rs 473.7 crore spectrum charge demand.Quality Power: Set to acquire a 100% stake in Winwin Speciality Insulators at an enterprise value of Rs 315 crore for the proposed transaction.Negative NewsPatanjali Foods: Received a notice from the Maharashtra FDA regarding misleading juice advertisements and promotional labelling. The company clarified that no monetary penalty has been imposed.

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