Nifty Prediction TodayThe Nifty index ended the session at 24,196 DOWN by 35 points, closed above the resistance level of 23,700. . Upcoming major resistance now stands at 24300 zone and support at 23700 -23800 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 L1L2CloseResistance243002480024,196Support2400023700 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,90221 DEMA23,718Bank Nifty Prediction TodayBank Nifty witnessed upward momentum, closing 215 points DOWN at 56,086 The index continues to hold support in the 54,500–55,000 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 54,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance570005750056,086Support5500052500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,68021 DEMA54,810Share Market News and Events TodayPositive NewsRVNL: Co. emerges as L1 bidder for a Rs.967 crore construction project of East Coast Railway.CESC: Co. signs power purchase agreements for 600 MW of wind‑solar hybrid power with four hybrid power developers. This includes a 300 MW PPA with Purvah Green Power, with all PPAs having a tenure of 25 years.KPI Green Energy: Co.receives an inter‑state power trading licence from the Central Electricity Regulatory Commission (CERC).DCM Shriram: Co’s arm enters into a joint venture named PolyTek with Teknor Apex to expand its polymer compounds business.Firstsource Solutions: Co. announces the launch of its intelligence engine named Kairos.Dodla Dairy: Co’s arm HR Food is allotted 7.15 acres in Bihar to set up a new dairy processing plant.Negative NewsPaytm: Co. converts a loan of Rs. 197 crore into equity in First Games, increasing its stake to 82.6% from 55%. It also approves a default loss guarantee of up to Rs. 90 crore.

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