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(03-04-2025) LEARNING

  • Writer: AlphaIndex Solutions
    AlphaIndex Solutions
  • Apr 2
  • 1 min read

INDEX OPTIONS
INDEX OPTIONS

NIFTY (23,332)

  • Trend: Negative

  • Action: Hold short positions with stoploss at 23,517 on a daily closing basis. Fresh long positions can be initiated if NIFTY closes above 23,517 levels.

  • Support: 23,211 | 23,089 | 23,019

  • Resistance: 23,402 | 23,472 | 23,594


BANKNIFTY (51,348)

  • Trend: Negative

  • Action: Hold short positions with stoploss at 51,819 on a daily closing basis. Fresh long positions can be initiated if BANKNIFTY closes above 51,819 levels.

  • Support: 51,036 | 50,724 | 50,540

  • Resistance: 51,532 | 51,716 | 52,028


(03-04-2025)


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