Nifty Prediction TodayThe Nifty index ended the session at 23,649 up by 6 points, closed near the resistance level of 23,800. . Upcoming major resistance now stands at 23800 zone and support at 23300 -23500 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 23,800–24,000 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 L1L2CloseResistance238002430023,649Support2350023300 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,79221 DEMA24,105Bank Nifty Prediction TodayThe NIFTY BANK Bank Nifty witnessed downward momentum, closing 173 points down at 53,537 The index continues to hold support in the 52,500–52,000 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 57,000 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 L1L2CloseResistance550005650053,537Support5250051500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,40821 DEMA54,746Share Market News and Events TodayPositive NewsDeccan Gold: The company has discovered Nickel and Copper at its Chattisgarh unit after completing 1,200m of core drilling across 7 holes. Low-impact exploration activities will continue at the site.Waaree Renewable Tech: The company has signed a turnkey agreement with its arm for EPC works to develop a massive 350 MW / 1400 MWh Battery Energy Storage System (BESS).Eicher Motors: The automaker has received government approval for a 216-acre land parcel in Andhra Pradesh. The company will invest Rs 2,500 crore to acquire the land for major capacity expansion.Bajaj Auto: The company’s subsidiary, Bajaj Auto International Holdings BV, has fully repaid its outstanding dues worth €80 million to JP Morgan Chase Bank and DBS Bank.Negative NewsHDFC AMC: An anonymous source claimed access to some of the asset manager’s IT infrastructure. The company has activated necessary containment protocols and stated it does not foresee any material impact on operations.(Negative)

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