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(24-04-2025) LEARNING

  • Writer: AlphaIndex Solutions
    AlphaIndex Solutions
  • Apr 23
  • 1 min read

INDEX OPTIONS
INDEX OPTIONS

NIFTY (24,329)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 23,887 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 23,887 levels.

  • Support: 24,180 | 24,030 | 23,940

  • Resistance: 24,419 | 24,509 | 24,658


BANKNIFTY (55,370)

  • Trend: Positive

  • Action: Hold long positions with stoploss at 54,686 on a daily closing basis. Fresh short positions can be initiated if BANKNIFTY closes below 54,686 levels.

  • Support: 54,989 | 54,608 | 54,053

  • Resistance: 55,925 | 56,480 | 56,861


(24-04-2025)

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