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(21-04-2025) LEARNING

  • Writer: AlphaIndex Solutions
    AlphaIndex Solutions
  • Apr 20
  • 1 min read

INDEX OPTIONS
INDEX OPTIONS

NIFTY (23,852)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 23,188 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 23,188 levels.

  • Support: 23,476 | 23,100 | 22,902

  • Resistance: 24,050 | 24,248 | 24,624


BANKNIFTY (54,290)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 52,797 on a daily closing basis. Fresh short positions can be initiated if BANKNIFTY closes below 52,797 levels.

  • Support: 53,448 | 52,605 | 52,125

  • Resistance: 54,770 | 55,250 | 56,092


(21-04-2025)


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