(08-04-2025) LEARNING

NIFTY (22,162)

• Trend: Negative

• Action: Hold short positions with stoploss at 22,367 on a daily closing basis. Fresh long positions can be initiated if NIFTY closes above 22,367 levels.

• Support: 21,852 | 21,543 | 21,342

• Resistance: 22,363 | 22,563 | 22,873

BANKNIFTY (49,860)

• Trend: Negative

• Action: Hold short positions with stoploss at 50,637 on a daily closing basis. Fresh long positions can be initiated if BANKNIFTY closes above 50,637 levels.

• Support: 49,203 | 48,545 | 47,933

• Resistance: 50,472 | 51,084 | 51,741

#ALPHAINDEXLEARNING

(08-04-2025)