(16-04-2025) LEARNING

NIFTY (23,329)

• Trend: Positive

• Action: Hold long positions with stoploss at 22,888 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 22,888 levels.

• Support: 23,234 | 23,140 | 23,073

• Resistance: 23,396 | 23,463 | 23,557

BANKNIFTY (52,380)

• Trend: Positive

• Action: Hold long positions with stoploss at 51,258 on a daily closing basis. Fresh short positions can be initiated if BANKNIFTY closes below 51,258 levels.

• Support: 52,000 | 51,620 | 51,377

• Resistance: 52,623 | 52,866 | 53,246

#ALPHAINDEXLEARNING

(16-04-2025)