Market Prediction Today (4th April 2026)

Nifty Prediction Today

Today, Nifty prediction suggests a Bearish range between 22450 and 22900, with strong support at 22450-22500 and resistance at 22840-22900. Traders should monitor these crucial levels closely for potential market shifts.

Nifty Support and Resistance Level Today

• Nifty Support: 22450-22500
• Nifty Resistance: 22840-22900
• BIAS: Sideways

Indian equity benchmarks closed on a positive note on 2 April 2026, indicating an overall constructive market sentiment. The Nifty 50 opened sharply lower by 296 points at 22,383.40 and declined further to an intraday low of 22,182.55 during the first half of the trading session. However, the trend reversed in the latter half as strong buying interest emerged, driving the index higher by 599.75 points from the day’s low to touch an intraday high of 22,782.30. Despite the weak opening, the index recovered fully and ended the session in positive territory at 22,713.10, registering a marginal gain of 33.70 points or 0.15% over the previous close. On the daily timeframe, the complete recovery from the gap-down opening and the subsequent gap fill within the same session highlight the presence of buyers at lower levels. The index formed a bullish candlestick pattern for the day, reflecting sustained buying interest. The close near the day’s high suggests that buyers maintained control throughout the latter part of the session, and continuation of this momentum is possible if supported by follow-up buying in the next session.

From a technical standpoint, immediate support for the index is placed in the 22,450–22,500 zone, while resistance is seen in the 22,840–22,900 range. The Relative Strength Index (RSI) stands at 37.56, indicating that it remains below the midpoint level of 50. This suggests that, although the market has shown recovery, the upside momentum lacks strong confirmation at this stage.

Bank Nifty Prediction Today

Today, Bank Nifty prediction suggests a Bearish range between 51000 and 52000, with strong support at 51000-51150 and resistance at 51860-52000. Traders should monitor these crucial levels closely for potential market shifts.

Bank Nifty Support And Resistance Today

• Bank Nifty Support: 51000-51150
• Bank Nifty Resistance: 51860-52000
• BIAS: Sideways

The Bank Nifty index opened sharply lower by 823 points at 50,625.65, reflecting weak initial sentiment. Following the gap-down opening, the index extended its decline due to continued selling pressure and touched an intraday low of 49,954.85. However, the trend reversed as strong buying interest emerged at lower levels, leading to a sharp recovery of 1,777.10 points and pushing the index to an intraday high of 51,731.95. The index ultimately settled in positive territory at 51,548.75, registering a gain of 100.10 points or 0.19% for the day. On the daily timeframe, the formation of a bullish candlestick indicates improving sentiment and the presence of buying momentum in the index.

From a technical standpoint, immediate support is placed in the 51,000–51,150 range, while resistance is seen in the 51,860–52,000 zone. The Relative Strength Index (RSI) is currently at 35.13, suggesting that it remains below the midpoint level of 50. For a stronger confirmation of upward momentum, the RSI needs to sustain above this level.

In light of ongoing geopolitical tensions, a cautious approach is recommended. Traders should closely monitor key support and resistance levels and consider initiating trades only after clear price confirmation is observed, avoiding premature decisions in uncertain market conditions.

Sensex Prediction Today

The Sensex today prediction is projected to move in a Bearish range, between 72750 and 74000. Key support is expected around 72750-72800, while resistance is likely near 73860-74000. Traders should monitor these crucial levels closely, as a breakout in either direction could signal a significant market move.

Sensex Support And Resistance Today

• Sensex Support: : 72750-72800
• Sensex Resistance: 73860-74000
• BIAS: Sideways

On 1st April 2026, the BSE Sensex closed at 73,134.32, gaining 1,186.77 points (+1.65%), as markets witnessed a strong rebound supported by broad-based buying and improving global sentiment. The recovery was aided by easing concerns around geopolitical tensions in the Middle East, which helped stabilise crude oil prices and improved overall risk appetite. The index opened on a firm note and extended its gains to hit an intraday high of 73,964.58, reflecting strong buying momentum in the first half. However, profit booking at higher levels led to a decline, dragging the index to an intraday low of 72,971.68, before it recovered partially and settled at 73,134.32, indicating some resilience despite late-session volatility. Sector-wise, gains were led by PSU Banks, Metal, Media and IT indices, followed by strength in Auto, Financial Services and Consumer Durables, while Pharma and Healthcare remained relatively subdued.

From a technical standpoint, the index has shown a sharp pullback from lower levels, suggesting emergence of demand near key support zones, although the broader trend still requires confirmation through sustained upside follow-through. Key technical levels indicate that support is placed in the 72,400–72,500 zone, which may act as a crucial demand area, while resistance is seen around 73,900–74,000, where any further upside could face supply and profit-booking pressure.

Market Bias: With a strong rebound after recent weakness, the near-term outlook turns cautiously positive, though continuation of the up move will depend on sustained buying and the index’s ability to move past resistance levels.

Indian VIX Prediction For Today

Meanwhile, the volatility index, India VIX, increased by 2.04% to close at 25.52, pointing to a slight rise in market volatility. In the derivatives segment, notable call writing was observed at the 22,800 strike, followed by the 23,000 strike. On the put side, significant writing activity was recorded at the 22,500 and 22,600 strike levels, indicating key support zones.

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