📍 Current Price Action
BankNIFTY is trading around 54,680 – 54,817.
Day’s low is near 54,400, and high is near 54,825.
Index is consolidating near the upper end of the recent range.
⚖️ Key Levels
Immediate Resistance: 54,700 – 55,000
Next Resistance: 55,300 – 55,500
Immediate Support: 54,400
Strong Support: 53,800 – 53,500
📊 Indicators
Moving Averages: Short-, medium-, and long-term averages remain in a bullish alignment → trend still positive.
RSI (14-day): Around 60-65 → showing bullish momentum, but not extreme.
MACD: Still positive, indicating bullish momentum, though strength is flattening.
📈 Outlook
As long as BankNIFTY stays above 54,400, the bias remains bullish to neutral.
A breakout above 55,000 could push the index toward 55,300 – 55,500.
A breakdown below 54,400 could trigger a slide toward 53,800 – 53,500.
BankNIFTY is trading around 54,680 – 54,817.
Day’s low is near 54,400, and high is near 54,825.
Index is consolidating near the upper end of the recent range.
⚖️ Key Levels
Immediate Resistance: 54,700 – 55,000
Next Resistance: 55,300 – 55,500
Immediate Support: 54,400
Strong Support: 53,800 – 53,500
📊 Indicators
Moving Averages: Short-, medium-, and long-term averages remain in a bullish alignment → trend still positive.
RSI (14-day): Around 60-65 → showing bullish momentum, but not extreme.
MACD: Still positive, indicating bullish momentum, though strength is flattening.
📈 Outlook
As long as BankNIFTY stays above 54,400, the bias remains bullish to neutral.
A breakout above 55,000 could push the index toward 55,300 – 55,500.
A breakdown below 54,400 could trigger a slide toward 53,800 – 53,500.
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Pubblicazioni correlate
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.