Sensex rises over 300 pts, Nifty50 tops 25,150 as US trade deal optimism lifts sentiment.
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Markets are modestly positive today, boosted by hopes of easing trade tensions (India‑US & US‑China) and anticipation of a Fed rate cut
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Auto & energy sectors doing better, giving some leadership
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Rupee is trading slightly stronger, though importers’ dollar demand may limit gains.
Key Index Levels
Below are critical levels for Nifty50, Sensex, and Bank Nifty with possible scenarios if they break or hold.
| Index | Resistance Levels (Upside barriers) | Support Levels (Downside buffers) |
|---|---|---|
| Nifty 50 | ~ 25,150‑25,250 (immediate resistance) Next barrier ~ 25,300 |
Immediate support ~ 24,800 More major support ~ 24,600‑24,700 zone |
| Sensex | Resistance around 82,300‑82,500 region Further resistance if crosses that ~ 82,700‑83,000+ |
Key support at ~ 81,500‑81,200 If things weaken, deeper support may come near 80,700‑80,200 levels |
| Bank Nifty | Resistance around 55,000 zone and above ~ 55,200‑55,500 Higher targets if momentum sustains ~ 55,600+ |
Support around 54,750‑54,700 initially If break below, lower support ~ 54,400‑54,300 region. |
Upside Scenarios
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Nifty could break above 25,250, then test 25,300‑25,350 levels.
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For Sensex, a clear move above ~82,500 may pave way toward 83,000+.
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Bank Nifty if it crosses ~55,200‑55,500 convincingly, could extend the rally and test higher resistance in the 55,600+ area.
Downside Risks
If selling pressure increases or global cues turn negative:
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Nifty falling below 24,800 could drag toward 24,600‑24,700, possibly even 24,500 in a sharper correction. Sensex if breaks 81,500‑81,200 support, then next support zones near 80,700‑80,200.
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Bank Nifty could drop to 54,400‑54,300, and if worse, lower support toward ~54,000 plus.
Strategic Takeaways
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As long as Nifty holds above ~24,800 and Sensex stays above 81,500‑81,200, bullish bias remains.
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A breakout above resistance zones (25,150‑25,250 for Nifty, ~82,300‑82,500 for Sensex) would give confidence for further upside.
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If these zones fail, watch for support zones for possible bounces (buy on dips strategy).
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Volatility likely around key levels due to external factors (trade talks, Fed rate signals, currency moves).