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(15-04-2025) LEARNING

  • Writer: AlphaIndex Solutions
    AlphaIndex Solutions
  • Apr 14
  • 1 min read

INDEX OPTIONS
INDEX OPTIONS

NIFTY (22,829)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 22,427 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 22,427 levels.

  • Support: 22,708 | 22,587 | 22,480

  • Resistance: 22,937 | 23,044 | 23,165


BANKNIFTY (51,002)

  • Trend: Positive

  • Action: Go long with stoploss at 50,093 on a daily closing basis. BANKNIFTY would be considered strong till it trades above 50,093 levels.

  • Support: 50,676 | 50,350 | 50,065

  • Resistance: 51,287 | 51,571 | 51,897


(15-04-2025)


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