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(23-04-2025) LEARNING

  • Writer: AlphaIndex Solutions
    AlphaIndex Solutions
  • Apr 22
  • 1 min read


INDEX OPTIONS
INDEX OPTIONS

NIFTY (24,167)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 23,791 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 23,791 levels.

  • Support: 24,079 | 23,990 | 23,908

  • Resistance: 24,249 | 24,331 | 24,420


BANKNIFTY (55,647)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 54,657 on a daily closing basis. Fresh short positions can be initiated if BANKNIFTY closes below 54,657 levels.

  • Support: 55,273 | 54,900 | 54,556

  • Resistance: 55,991 | 56,335 | 56,709


(23-04-2025)


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