DEAR
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Today's Market Recap!
Markets Open the Week on a Strong Positive Note
Both Nifty and Bank Nifty opened the week on a positive note, sustaining gains throughout the session. Nifty rose 0.91% to close at 24,585.05, forming a large bullish candle and trading above its 200-day EMA, indicating strong buying interest. Bank Nifty gained 0.92% to end at 55,510.75, also forming a bullish candle while taking support at its 100-day EMA, supporting the ongoing uptrend. Key support levels: Nifty – 24,200 & 24,000; Bank Nifty – 54,600 & 54,500. Key resistance levels: Nifty – 24,800 & 25,000; Bank Nifty – 55,800 & 56,000.
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