
Nifty Levels Today
Nifty closed at 24,168 and continues to trade above its 20 DMA, 50 DMA and 89 DMA, indicating that short-term momentum remains positive.

Nifty closed at 24,168 and continues to trade above its 20 DMA, 50 DMA and 89 DMA, indicating that short-term momentum remains positive.

Bank Nifty closed at 57,963.80 and continues to trade above all major moving averages from 20 DMA to 200 DMA, reflecting strong bullish momentum.

According to Parekh, Nifty continues to gain strength on the daily chart, but sustaining above the 24,000 zone will be important.

Global markets recovered sharply overnight after investors looked beyond the Federal Reserve’s cautious outlook. While policymakers indicated that a rate hike later in 2026 remains a possibility,

Bagadia believes the 23,950–24,000 zone will act as immediate support for the index. On the upside, resistance is placed around the 24,400–24,450 region.