BANKNIFTY 1D Time frame

21
📊 Current Snapshot

Current Price: ₹54,536.00

Day’s Range: ₹54,400 – ₹54,705

52-Week Range: ₹47,702.90 – ₹57,628.40

Previous Close: ₹54,216.10

Opening Price: ₹54,554.75

Market Cap: Approx. ₹3.78 lakh crore

Volume: ~77,647 contracts

📈 Trend & Indicators

Trend: Neutral to mildly bullish; trading near 50-day and 200-day moving averages.

RSI (14): 60 – Neutral; no immediate overbought or oversold conditions.

MACD: Positive → indicates bullish momentum.

Moving Averages: Short-term moving averages suggest neutral to slightly bullish outlook.

🔮 Outlook

Bullish Scenario: Break above ₹54,705 with strong volume could target ₹55,000.

Bearish Scenario: Drop below ₹54,400 may lead to further decline toward ₹54,000.

Neutral Scenario: Consolidation between ₹54,400 – ₹54,705; breakout needed for directional move.

📌 Key Factors to Watch

Banking Sector Performance: As BANKNIFTY comprises major banking stocks, sector-specific developments can influence index movement.

Economic Indicators: Changes in interest rates or inflation can impact index performance.

Global Cues: Developments in global markets can affect investor sentiment.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.