(29-08-2025) Learning
- AlphaIndex Solutions
- 4 days ago
- 1 min read

NIFTY (24,501)
Trend: Negative
Action: NIFTY is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 24,797. Fresh long position can be initiated if NIFTY closes above 24,797 levels.
Support: 24,421 | 24,341 | 24,200
Resistance: 24,642 | 24,783 | 24,863
BANKNIFTY (53,820)
Trend: Negative
Action: Banknifty is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 54,593. Fresh long position can be initiated if Banknifty closes above 54,593 levels.
Support: 53,598 | 53,377 | 52,985
Resistance: 54,212 | 54,604 | 54,826
(29-08-2025)
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