Nifty Prediction TodayLast week, the Nifty confirmed a breakdown below the crucial 23,900 support zone, thereby invalidating the earlier breakout structure above 24,300. The index witnessed sharp volatility during the week and retraced nearly 50% of the entire rally from 22,200 to 24,600, indicating profit booking and weakening momentum at higher levels. Although the market attempted a recovery afterwards, the index failed to sustain above the important 23,850 resistance mark, which now becomes a key level to watch for the coming week. A decisive move and sustained close above 23,850 could trigger fresh bullish momentum and open the doors towards 24,500–25,000 levels in the near term. However, on the downside, if Nifty slips below 23,500, the recent lows near 23,300 are likely to be retested. Moreover, a deeper correction towards the 23,200–23,100 zone cannot be ruled out, as it coincides with the important 61.8% Fibonacci retracement level along with a key unfilled gap area. Hence, the coming week is expected to be extremely crucial in deciding the next directional move for the markets.Nifty Support and Resistance Level L1L2CloseResistance24,50024,70023,643Support24,00023,800 Exponential Moving AveragesExponential MovingAverages 200 DEMA24,82521 DEMA24,131Bank Nifty Prediction TodayThe NIFTY BANK index witnessed sharp volatility during the week and slipped below the important 54,000 support zone, making a low near 53,200 amid broader market weakness. The index has now retraced nearly 50% of its previous upmove, indicating profit booking and loss of momentum at higher levels. Going ahead, the crucial support for the coming week is placed near 53,200, and a decisive breakdown below this level could drag the index towards the 52,800 zone, which coincides with the important 61.8% Fibonacci retracement level along with a key gap support area. On the upside, the index continues to face resistance near 54,500, and only a sustained breakout above this level would bring BANK NIFTY back into a stronger and safer bullish structure. Hence, the coming week remains important as the index trades near critical support and resistance levels.Bank Nifty Support and Resistance Level L1L2CloseResistance57,00059,50053,710Support54,00053,500 Exponential Moving AveragesExponential MovingAverages 200 DEMA56,51121 DEMA54,867Share Market News and Events TodayPositive NewsInterGlobe Aviation: Delhi government reduces VAT on Aviation Turbine Fuel (ATF) from 25% to 7% for a period of six months.Pace Digitek: Secures an order worth Rs 710 crore from NLC India Renewables.JSW Energy: The power producer has successfully commissioned roughly 250 MW of new renewable energy capacity since April 2026, pushing its total installed capacity to 13.7 GW.  Texmaco Rail: The company has secured two new Letters of Award (LoAs) cumulatively worth Rs 192 crore from the South Central Railway division.Waaree Energies: The renewable energy firm has officially completed its 100% acquisition of Waaree Semicon.Semiconductor Stocks: Tata Electronics and ASML join hands to collaborate on semiconductor manufacturing in India. Negative NewsHindustan Zinc: Restrictions imposed on silver bar imports.

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