
Nifty Levels Today
Nifty closed near the 24,000 zone and option chain data suggests that traders are positioning for a range-bound to mildly bullish session.

Nifty closed near the 24,000 zone and option chain data suggests that traders are positioning for a range-bound to mildly bullish session.

Bank Nifty closed at 57,585.05 and continues to trade above all major moving averages from the 20 DMA to the 200 DMA, indicating that bulls remain firmly in control.

Reliance closed at Rs. 1,332.70 and continues to recover after a prolonged corrective phase. While the short-term, medium-term and long-term trend classifications remain bearish, the stock has started showing signs of accumulation.

SBI closed at Rs. 1,026.50 and continues to trade above its 20 DMA, 34 DMA, 50 DMA and 200 DMA, indicating that the broader structure remains constructive despite some medium-term weakness.

Gift Nifty indicates a positive opening for Indian equities with the index comfortably trading above the crucial 24,000 level.

Olectra Greentech closed at Rs. 1354.90 after gaining 6.65% in a single session. The stock continues to attract buying interest as investors remain positive on the electric mobility

The price structure, momentum setup and derivatives positioning collectively suggest that the broader bias remains positive.

A small bullish candle was formed on the daily chart with minor upper and lower shadow. Technically, this market action signals range bound movement