Nifty Bank Index
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Banknifty Intraday Analysis for 24th September 2025

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BANKNIFTY

Index has resistance near 55900 – 56000 range and if index crosses and sustains above this level then may reach near 56400– 56500 range.

Banknifty has immediate support near 55100 - 55000 range and if this support is broken then index may tank near 54600 - 54500 range.

The global market may react to the US FOMC head Powell’s speech scheduled tonight if any unfavourable statement emerges.
Trade chiuso: obiettivo raggiunto
Gap down opening with high near 55510 and further tank to low near 55040 with closed near 55120.

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