Nifty Prediction TodayThe Nifty Index ended the session at 23,659 up by 41 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 L1L2CloseResistance238002430023,659Support2350023300 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,77321 DEMA24,059Bank Nifty Prediction TodayThe NIFTY BANK witnessed upward momentum, closing 153 points up at 53,562 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 L1L2CloseResistance550005650053,562Support5250051500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,35821 DEMA54,528Share Market News and Events TodayPositive NewsShaily Engineering: The company has launched a generic version of the Semaglutide Injection in Canada, utilizing its ShailyPen Neo injector platform.RVNL: The state-owned railway firm emerged as the lowest bidder for a Rs 164 crore order from the East Coast.Pace Digitek: The company bagged a Rs 265 crore order from BSNL to supply network infrastructure in Sikkim under the BharatNet Project.Apollo Hospitals: Apollo Health brands Apollo Cradle and Apollo Fertility inked a pact with Cloudnine to form combined maternity and fertility care platforms, where Apollo Health will hold a 9.9% stake in the combined entity.Negative NewsHCLTech: The IT major released a report on AI warning that 43% of enterprise AI initiatives may fail, highlighting that business leaders face shrinking timelines to deliver impact. (Negative)

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