Nifty Prediction TodayThe Nifty index ended the session at 24,330 up by 298 points, closed near the support level of 24,300. Upcoming major resistance now stands at 24700 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 24,700–25,000. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,700–25,000 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 L1L2CloseResistance245002470024,330Support2400023800 Exponential Moving AveragesExponential Moving Averages 200 DEMA24,85821 DEMA24,267Bank Nifty Prediction TodayBank Nifty witnessed downward momentum, closing 1434 points up at 55,981 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 L1L2CloseResistance570005950055,981Support5400053500 Exponential Moving AveragesExponential MovingAverages200 DEMA56,58821 DEMA55,457Share Market News and Events TodayPositive NewsAllied Blenders: Receives LOI for DM2 (MGO) licence from Andhra Pradesh government to set up a greenfield IMFL bottling plant with capacity of 46.5 lakh cases.  Waaree Energies:Arm signs PPA with Solar Energy Corporation to develop a 300 MW wind power project in Gujarat.  Mahindra Lifespace: Launches residential project in Mumbai with potential GDV of Rs. 1,650 crore.  Arisinfra Solutions: The company receives a Developer‑as‑a‑Service (DAAS) order from The Wadhwa Group for the Wise City township project in Panvel. Project GDV is estimated at Rs. 650 crore, with potential upside of Rs. 400 crore. Negative NewsLemon Tree Hotels: The company terminates the agreement for Keys Select Hotel Nestor due to non‑payment of fees and deposits. (Negative)

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