Today’s Indian Market News:
The global market is experiencing a mixed trend today, with the US markets closing higher and Asian markets trading lower.
The GIFT Nifty is indicating a weak start for the day.
Indian benchmark indices Sensex and Nifty 50 are likely to open on a negative note on September 11, tracking cues from GIFT Nifty trading near 25,075, a short while ago this morning.
Here are the support and resistance levels for Nifty 50 and Bank Nifty:
Nifty 50:
– Support levels:
– Immediate support: 24,950
– Major support: 24,800
– Strong support: 24,600
– Resistance levels:
– Immediate resistance: 25,100
– Major resistance: 25,250
– Strong resistance: 25,400
Bank Nifty:
– Support levels:
– Immediate support: 51,000
– Major support: 50,800
– Strong support: 50,500
– Resistance levels:
– Immediate resistance: 51,400
– Major resistance: 51,600
– Strong resistance: 51,800