(09-04-2025) LEARNING

NIFTY (22,536)

• Trend: Positive

• Action: Go long with stoploss at 22,097 on a daily closing basis. NIFTY would be considered strong till it trades above 22,097 levels.

• Support: 22,305 | 22,075 | 21,879

• Resistance: 22,732 | 22,928 | 23,158

BANKNIFTY (50,511)

• 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: 50,097 | 49,682 | 49,334

• Resistance: 50,860 | 51,208 | 51,622

#ALPHAINDEXLEARNING

(09-04-2025)