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(17-04-2025) LEARNING

  • Writer: AlphaIndex Solutions
    AlphaIndex Solutions
  • Apr 16
  • 1 min read

INDEX OPTIONS
INDEX OPTIONS

NIFTY (23,437)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 22,987 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 22,987 levels.

  • Support: 23,323 | 23,208 | 23,144

  • Resistance: 23,502 | 23,567 | 23,681


BANKNIFTY (53,118)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 51,915 on a daily closing basis. Fresh short positions can be initiated if BANKNIFTY closes below 51,915 levels.

  • Support: 52,671 | 52,225 | 51,978

  • Resistance: 53,364 | 53,611 | 54,057


(17-04-2025)


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