(20-05-2025) LEARNING

NIFTY (24,945)

• Trend: Positive

• Action: Hold long positions with stoploss at 24,660 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 24,660 levels.

• Support: 24,887 | 24,829 | 24,741

• Resistance: 25,033 | 25,121 | 25,180

BANKNIFTY (55,421)

• Trend: Positive

• Action: Hold long positions with stoploss at 54,710 on a daily closing basis. Fresh short positions can be initiated if BANKNIFTY closes below 54,710 levels.

• Support: 55,246 | 55,072 | 54,847

• Resistance: 55,645 | 55,870 | 56,044

#ALPHAINDEXLEARNING

(20-05-2025)