Nifty & Bank nifty strategy for 24-04-2026

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Nifty & Bank nifty strategy for 24-04-2026Nifty 50 IndexNSE:NIFTYviswanath_ktcNifty may open on gap up note as per Sgx nifty around at 24220 levels where resistance exist for nifty in today session. coming to yesterday session nifty opened around at 24202 levels with gap down from here bulls pushed it upto 24300 levels at these levels bears had taken charge and pull back it upto 24130 levels and finally closed it around 24170 levles with 205 points loss. A Gravestone doji formed in yesterday on daily charts in the nifty which is indicated nifty fallen bearish trend for short term so I am advised to traders follow the sell on rise strategy in the trading. Nifty support levels : 24102,23963 Resistance levels :24223,24299 Bank nifty support levels : 56189,55750 Resistance levels : 56700,57100 stock of the day : Cummins india in this inverted hammer formed at higher levels so I am expecting some profit booking at life time high point so traders take short positions with strict stop losses, short price :CMP(for risky traders) : 5250 for safe traders 1st target : 5086,5000 stop loss : 5300 Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation. Thanking for your support if liked my content please suggest to your friends to follow my channel Please drop a comment on whether my recommendation is useful and correct my mistakes