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(22-04-2025) LEARNING

  • Writer: AlphaIndex Solutions
    AlphaIndex Solutions
  • Apr 21
  • 1 min read

INDEX OPTIONS
INDEX OPTIONS

NIFTY (24,126)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 23,656 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 23,656 levels.

  • Support: 23,956 | 23,787 | 23,670

  • Resistance: 24,242 | 24,359 | 24,528


BANKNIFTY (55,305)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 54,094 on a daily closing basis. Fresh short positions can be initiated if BANKNIFTY closes below 54,094 levels.

  • Support: 54,832 | 54,360 | 54,046

  • Resistance: 55,619 | 55,934 | 56,406


(22-04-2025)

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