Nifty Prediction TodayThe Nifty index ended the session at 23,214 down by 27 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 L1L2CloseResistance233002360023,214Support2300022500 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,64321 DEMA23,802Bank Nifty Prediction TodayBANK NIFTY witnessed downward momentum, closing 94 points down at 55,100 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 L1L2CloseResistance555005650055,100Support5400053500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,09721 DEMA54,485Share Market News and Events TodayPositive NewsDeccan Gold: The company signs an earn-in pact for a Spanish Tungsten Project.Power Grid: The company appoints Venkata S V as CFO, approves a Rs. 485 crore SCADA system upgrade, and secures an 80 billion Yen loan facility.Honasa Consumer: The company reports ~30% growth in focus categories for FY26 and is targeting a 15% EBITDA margin by unlocking 500 bps.Time Technoplast: The company will acquire a 76% stake in Systoverse Private for Rs. 25 crore.Adani Enterprises: Its subsidiary completes the 100% acquisition of Portus Ventures.Aditya Infotech: The company incorporates a joint venture, Corelink Cable Tech, to manufacture electric cables.Vascon Engineers: Company has secured ₹347.43 crore RBI Quarters redevelopment project in Guwahati.Hindalco Industries: Subsidiary Novelis successfully restarts the Oswego Hot Mill.Negative NewsBharat Wire Ropes: Company receives a notice from the Maharashtra Pollution Control Board to halt activities at its manufacturing unit in Chalisgaon.IOL Chemicals: A minor fire at its Minoxidil manufacturing unit pauses operations for 8–10 days. The fire was contained with no injuries or plant damage.

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