Nifty Prediction TodayThe Nifty index ended the session at 23,382 DOWN by 166 points, closed below the resistance level of 23,800. . Upcoming major resistance now stands at 23700 zone and support at 23000 -23300 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 24,500–24,300. 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 23,500–23,800 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 L1L2CloseResistance243002450023,382Support2380023300 Exponential Moving Averages L1L2CloseResistance243002450023,382Support2380023300 Bank Nifty Prediction TodayBANK NIFTY witnessed Downward momentum, closing 596 points down at 53,643 The index continues to hold support in the 51,500–52,000 zone, while resistance remains capped near the 56,500-57,000 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 L1L2CloseResistance560005650053,643Support5450051500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,24321 DEMA54,532Share Market News and Events TodayPositive NewsBlack Box: The company signs a partnership with AIONOS to scale AI-led infrastructure and application services.Fino Payments Bank: The company partners with Ezee.ai to build a lending ecosystem as part of its transition to a Small Finance Bank.Anant Raj: The company will invest Rs. 25,000 crore to build a data centre and develop cloud services in Haryana under an MoU with the state.ACME Solar Holdings: The company’s arm commissions a 33.3 MW Battery Energy Storage System (BESS) project in Jodhpur. The commercial operation date is June 3.PNC Infratech: The company receives a Letter of Award worth Rs. 194 crore from a Lucknow development authority for construction of a 4-lane flyover in Lucknow.Firstsource Solutions: The company, along with AppliedAI, reports real-world outcomes from its strategic partnership focused on AI-led solutions.Indiqube Spaces: The company signs a Rs. 52 crore workspace deal with a Bengaluru-based company for a tenure of five years.Negative NewsLemon Tree Hotels: The company terminates its franchise agreement with Sparsh Inn for an upcoming hotel project in Bareilly.Urban Company: The Saudi Arabia Ministry cancels registration of its step-down arm UC KSA, which ceases to be a subsidiary of the company. 

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