Nifty Prediction TodayThe Nifty index ended the session at 24,576 up by 211 points, closed above the resistance level of 24,300. . Upcoming major resistance now stands at 24800 zone and support at 24000 -24100 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 24,800–25,000. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,800–25,000 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 L1L2CloseResistance248002500024,576Support2430023700 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,90521 DEMA24,018Bank Nifty Prediction TodayBank Nifty Support and Resistance Level L1L2CloseResistance570005750057,371Support5500052500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,68421 DEMA55,322Share Market News and Events TodayPositive NewsBEML: Co.has secured a Rs 590 crore contract from the Ministry of Defence for the supply of Trawl Assemblies.PNC Infratech: Co. has emerged as the L1 Bidder for construction orders worth a massive Rs 3,483 crore from the NHAI.KNR Constructions: Co. has successfully secured Rs 130 crore in a settlement agreement with the National Highways Authority of India (NHAI).Sonata Software: Co. has officially achieved the AWS migration and modernization competency status, strengthening its cloud transformation credentials.Adani Ports: Co. announced that its merger with subsidiary Adani Harbour has officially become effective as of April 21.Negative NewsJSW Energy: Its subsidiary, JSW Mahanadi Power Co, received a Rs 1,447 crore demand for water charges from Chhattisgarh, which the company has officially challenged in the High Court. (Negative)360 ONE WAM: Co. and its arm have received a tax demand of Rs 336 crore from the Mumbai tax body. (Negative)
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