(06-05-2025) LEARNING

NIFTY (24,461)

• Trend: Positive

• Action: Hold long positions with stoploss at 24,163 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 24,163 levels.

• Support: 24,399 | 24,337 | 24,273

• Resistance: 24,525 | 24,588 | 24,651

BANKNIFTY (54,920)

• Trend: Negative

• Action: Hold short positions with stoploss at 55,686 on a daily closing basis. Fresh long positions can be initiated if BANKNIFTY closes above 55,686 levels.

• Support: 54,689 | 54,458 | 54,130

• Resistance: 55,248 | 55,576 | 55,807

#ALPHAINDEXLEARNING

(06-05-2025)