Nifty Prediction TodayThe Nifty index ended the session at 24,085 up by 96 points, closed above the support level of 23,800. . Upcoming major resistance now stands at 24100 zone and support at 23800 -23700 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 24,300–24,500. 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 23,500–23,700 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 L1L2CloseResistance241002430024,085Support2380023600 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,61121 DEMA23,881Bank Nifty Prediction TodayBank Nifty witnessed upward momentum, closing 288 points up at 57,585 The index continues to hold support in the 55,500–56,000 zone, while resistance remains capped near the 57,500-58,000 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 58,000 strike and the highest put open interest at the 56,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance575005850057,585Support5600055000 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,12821 DEMA55,404Share Market News and Events TodayPositive NewsRailTel Corporation of India: Company has received the Letter of Intent from Director IT; the estimated size of the order as per the LoI is Rs. 52.56 crore.NIBE: Showcases Garudastra (Long Range 120 mm Vehicle Mounted Mortar & Bomb System) and its precision strike capability using GPS and laser guidance to the Indian Army under NC-NC demonstration.Waaree Renewable Technologies: Received an additional commercial order for an existing solar project, increasing the contract value by Rs. 31 crore to Rs. 1,045 crore, with no change in terms.HFCL: Awarded a contract worth Rs. 2,666.09 crore by Rail Vikas Nigam, pertaining to the BharatNet Phase-III project in the Uttar Pradesh telecom circle.Lemon Tree Hotels: Announces the opening of Lemon Tree Hotel, Sri Ganganagar. This opening marks the brand’s entry into Sri Ganganagar and adds to its growing network of 23 hotels across Rajasthan.Endurance Technologies: Rs. 47.30 crore capital expenditure approved for setting up a greenfield manufacturing plant at Pune, Maharashtra, with capacity expandable to 35,000 lithium battery packs per monthNegative NewsMahindra & Mahindra: Company diluted its stake in Mahindra Summit Agriscience post Summit Agro International subscription, reducing holding to 58.8% from 60%.

Disclaimer : Equity & Trading is Subject to Market Risk. Kindly consult your Advisor Beofre taking Any Entries. Use our Contents for Educational Knowledge Development.

Today Trending Stocks :
https://telegram.me/gagashare1
https://facebook.com/gagashareindia