Nifty Prediction TodayThe Nifty index ended the session at 24,177 UP by 181 points, closed near the resistance level of 24,300. . Upcoming major resistance now stands at 24300 zone and support at 24000 -24100 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 24,800–25,000. 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 24,000–23,500 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 L1L2CloseResistance243002470024,177Support2400023700 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,87421 DEMA24,172Bank Nifty Prediction TodayBank Nifty witnessed downward momentum, closing 3 points UP at 55,403 The index continues to hold support in the 54,500–55,000 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 57,500 strike and the highest put open interest at the 54,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance575005950055,403Support5500053500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,65021 DEMA55,621Share Market News and Events TodayPositive NewsBrigade Enterprises: The company forms a 50:50 joint venture with Bain Capital to develop a 2 million sq. ft. project in Bengaluru, with a total investment of Rs. 2,200 crore.Time Technoplast: The company receives approval from PESO to manufacture 250-litre hydrogen cylinders for use in buses and carriers.ACME Solar: The company’s arm, ACME Surya Power, commissions an additional 35.714 MW of BESS capacity in Rajasthan.Puravankara: The company’s arm receives a Letter of Intent worth Rs. 144 crore for civil works in Bengaluru.Negative NewsJyothy Labs: The company reports a fire at a C&FA-operated warehouse in Punjab. The fire is ongoing, with no injuries or loss of life reported. (Negative)

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