Indian Market Outlook: April 02, 2025


NIFTY is likely to open neutral.

NIFTY short-term support is between 22950-23000 and resistance is between 23450-23500.

BANKNIFTY short-term support is between 50400-50500 and resistance is between 51400-51500.


Max pain for NIFTY has decreased to 23200.

Max pain for BANKNIFTY has decreased to 51400.


You may look for a Long CALL/Short PUT on the drop.

At our short-term levels, directional trades may be tried.

Please note that this is not a recommendation. Please consult your financial advisor.


Workshop:




Disclosure:
Portfolio: BANKBEES, CHOLAFIN, CONCOR, GODLBEES, HCLTECH,  HDFCBANK, ICICIBANK, JUNIORBEES, LIQUIDBEES, MOM30IETF, NIFTYBEES, POLYMED, SBIN, SILVERBEES, TIMKEN, etc.
We regularly trade weekly options.

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