Intraday Trading Solution👍

Overall view: Markets are in a wait-and-watch mode. Key levels are being tested. A breakout above Nifty 25,070 or Bank Nifty 55,750 may trigger short-term upside. Until then, trade the range with discipline.

🔹 Bank Nifty Trend: Range-bound, underperforming Support: 55,000 / 55,350 Resistance: 56,100 / 56,400 Indicators: RSI ~52 – Neutral MACD – Negative crossover Strategy: Long above 55,750 → Target: 56,200 / 56,500 Short below 55,400 → Target: 55,000 / 54,500

🔎 Technical Outlook 🔹 Nifty 50 Trend: Sideways within 24,700–25,200 Support: 24,700 / 24,830 (20-DMA) Resistance: 25,070 / 25,300 Indicators: RSI ~50 – Neutral MACD – Bearish crossover Bollinger Bands – Contracting, breakout likely soon

STOCKS IN THE WATCH TCS: Tata Consultancy Services (TCS) has clarified at its 30th annual general meeting (AGM) that the company is not under investigation in relation to the recent cyber breach at one of its largest retail clients, Marks & Spencer.   Wipro: The IT company has leased 3.87 lakh square feet (sq ft) of office space at Mindspace Business Park in the Mumbai Metropolitan Region (MMR) for a tenure of 10 years, according to lease-related documents provided by Propstack, a real estate data analytics firm.   Mastek:The digital engineering and cloud transformation partner, announced the launch of ADOPT.AI, a comprehensive suite of AI solutions and services aimed at accelerating AI innovation and driving enterprise-wide AI adoption.   Brigade Enterprises:Brigade Group’s workspace brand, BuzzWorks, signed up for a 24,000 sq. ft. workspace at Auro Orbit, HITEC City.    Uno Minda:The company's board approved the setting up of a greenfield manufacturing facility for aluminium die casting in Sambhaji Nagar (Aurangabad) Maharashtra. The project involves a total planned capital investment of approximately ₹210 crore, to be implemented in a phased manner over the next five years.    Adani Power: The approved National Company Law Tribunal (NCLT), bench at Mumbai approved the company's resolution plan for acquisition of VIPL, a company undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code.    Crisil:The company has invested ₹33.25 crore to acquire a minority stake in Online PSB Loans Ltd (OPL). In December 2024, Crisil had announced its intention to invest.   Samvardhana Motherson International:The board has approved the execution of Power Delivery Agreements (PDA) with HR Dhauliganga Private Limited (HRDPL), by the company and its subsidiaries. 

Good morning guys 😊