(21-05-2025) LEARNING

NIFTY (24,684)

• 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: 24,566 | 24,447 | 24,225

• Resistance: 24,906 | 25,129 | 25,247

BANKNIFTY (54,877)

• 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: 54,615 | 54,353 | 53,876

• Resistance: 55,354 | 55,831 | 56,093

#ALPHAINDEXLEARNING

(21-05-2025)