Today’s session remained volatile, with both Nifty and Bank Nifty witnessing rejection from higher levels early in the day. However, strong buying emerged near key support zones, preventing further downside.
In the final hours, aggressive buying and positive momentum pushed the market higher, helping both indices close near important resistance levels. The overall structure has shifted to balanced-to-bullish, with buyers regaining control into the close.
NIFTY
📌 Support: 24,115 – 24,051
📌 Resistance: 24,179 – 24,225
BANK NIFTY
📌 Support: 57,829 – 57,674
📌 Resistance: 57,985 – 58,053
Key Takeaways
✅ Strong buying from support zones
✅ Buyers dominated the closing session
✅ Positive momentum into resistance
✅ Market closed near higher value areas
Tomorrow’s Bias
📈 Sustaining above resistance can trigger fresh upside momentum.
📉 Failure to hold support may lead to profit booking and a pullback.
Overall View: Positive bias with buyers holding the advantage. Watch resistance zones closely for confirmation of the next move. 🚀📊