Nifty Prediction TodayThe Nifty index ended the session at 23,483 up by 100 points, closed above the support level of 23,300. . Upcoming major resistance now stands at 23600 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 23,000–23,500 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 L1L2CloseResistance243002450023,483Support2380023300 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,71021 DEMA23,992Bank Nifty Prediction TodayBank Nifty witnessed upward momentum, closing 71 points up at 53,714. 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 L1L2CloseResistance560005650053,714Support5450051500 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,21621 DEMA54,385Share Market News and Events TodayPositive NewsInfosys: The company expands its partnership with DNB Bank ASA to strengthen financial crime operations.Advait Energy Transitions: The company’s arm signs an agreement with GUVNL for a 150 MW BESS project. John Cockerill India: The company receives an order of around Rs. 1,300 crore from JSW Vijayanagar Metallics for commissioning two annealing and coating lines. Aequs: The Karnataka government sanctions incentives under the ESDM scheme for setting up a manufacturing unit in Dharwad. Hexaware Technologies: The company plans to enhance its ‘Agentverse’ AI platform by adding governance, development, and lifecycle management capabilities. Epack Prefab Technologies: The company secures an order worth Rs. 165 crore for supply of cells and modules.Negative News InterGlobe Aviation: The company will discontinue flights to and from Manchester effective August 31, citing a challenging cost and operational environment. It also plans to return one of its six Boeing 787‑9 Dreamliners to Norse Atlantic.(Negative)Kalpataru: The company withdraws the proposed Project Magnus demerger. The board states that the envisaged benefits are no longer relevant and there will be no financial impact. (Negative) 

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