Nifty Prediction TodayThe Nifty index ended the session at 24,430 up by 159 points, closed above the resiatcne level of 24,300. . Upcoming major resistance now stands at 24600 zone and support at 23800 -23700 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 24,600–24,800. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,600–24,800 strikes, highlighting a strong resistance cap, whereas notable Put open interest at the 24,000–24,200 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 L1L2CloseResistance246002480024,430Support2430024000 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,57121 DEMA24,145Bank Nifty Prediction TodayBank Nifty witnessed upward momentum, closing 353 points up at 58,291 The index continues to hold support in the 56,500–56,000 zone, while resistance remains capped near the 58,500-58,800 level. PSU and Pvt banks may see some profit booking. the broader structure of the banking space remains buy on dips, reflecting underlying volatile. The overall bias stays neutral with a range-bound outlook. Derivatives data shows the highest call open interest at the 58,500 strike and the highest put open interest at the 56,000 strike, indicating a potential trading range between these key level.Bank Nifty Support and Resistance Level L1L2CloseResistance585005880058,291Support5700056000 Exponential Moving AveragesExponential Moving Averages 200 DEMA56,33221 DEMA57,122Share Market News and Events TodayPositive NewsVarun Beverages: Its Kenya subsidiary agreed to acquire the dairy beverages, juices and packaged drinking water business of Devyani Food Industries Kenya for Rs. 305 crore to expand its presence in East Africa.Dilip Buildcon: Co. Received the provisional completion certificate for the Rs. 780.12 crore Bengaluru–Vijayawada Expressway Package-7 HAM project.Zen Technologies: Subsidiary Vector Technics expanded its drone propulsion manufacturing capacity to 3 lakh units annually and said it is now India’s largest fully integrated drone propulsion manufacturer.Puravankara: Completed the sale of its entire 100% stake in subsidiary Purva Ruby Properties to Prishal Office Parks III for Rs. 145 crore.Hexaware Technologies: Co. Entered into a strategic partnership with SmartRent to transform AI-native customer operations and revenue processes.Ganesh Housing: Co. Received no-objection letters from BSE and NSE for the proposed amalgamation of Gatil Properties with the company.Negative NewsCochin Shipyard: The government launched an OFS for up to a 2.52% stake, with an oversubscription option for another 66.30 lakh shares, taking the total offer size to 5.04% of equity. (Negative)Fractal Analytics: Ashwath Bhat resigned as Chief Financial Officer. (Negative)

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