(28-04-2025) LEARNING

NIFTY (24,039)

• Trend: Positive

• Action: Hold long positions with stoploss at 23,954 on a daily closing basis. Fresh short positions can be initiated if NIFTY closes below 23,954 levels.

• Support: 23,803 | 23,567 | 23,285

• Resistance: 24,321 | 24,602 | 24,838

BANKNIFTY (54,664)

• Trend: Negative

• Action: Go short with stoploss at 55,686 on a daily closing basis. Banknifty would be considered bearish till it trades below 55,686 levels.

• Support: 54,110 | 53,556 | 52,936

• Resistance: 55,284 | 55,904 | 56,458

#ALPHAINDEXLEARNING

(28-04-2025)