(09-05-2025) LEARNING

NIFTY (24,274)

• 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: 24,134 | 23,993 | 23,837

• Resistance: 24,431 | 24,587 | 24,728

BANKNIFTY (54,366)

• Trend: Negative

• Action: Hold short positions with stoploss at 55,130 on a daily closing basis. Fresh long positions can be initiated if BANKNIFTY closes above 55,130 levels.

• Support: 54,003 | 53,641 | 53,174

• Resistance: 54,833 | 55,300 | 55,662

#ALPHAINDEXLEARNING

(09-05-2025)