

The Nifty 50 prediction today indicates a sideways to bullish trend. The range is between 25500 and 25900, with support at 25500-25550 and resistance at 25800-25850. Traders should monitor these crucial levels closely for potential market shifts.

Today, Bank Nifty prediction suggests a sideways to bullish range between 59200 and 59900, with strong support at 59200-59300 and resistance at 59800-59900. Traders should monitor these crucial levels closely for potential market shifts.
The SENSEX today prediction is projected to move in a sideways to bullish range, between 83100 and 84200. Key support is expected around 83100-83200, while resistance is likely near 84100-84200. Traders should monitor these crucial levels closely, as a breakout in either direction could signal a significant market move.
Derivatives data indicates heavy put writing at the 25,700 strike, along with significant call writing at the 26,000 strike, suggesting a well-defined near-term trading range. As long as the Nifty sustains above the 25,600 level, a selective buy-on-dips approach may be considered, with strict stop-losses placed at 25,500 to manage downside risk effectively. India VIX edged up by 4.05 percent to 11.36, indicating a mild pickup in volatility and a degree of caution among market participants. Failure to decisively reclaim higher resistance levels could keep the market in a consolidation-to-corrective phase in the near term.
Prediction is given by the Technical Research Team - Choice.
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