Disclaimer: Information on this site is only for Education Purpose. Don't take our Articles as any Investment or Trading Advice, as we are not SEBI Registered.
Disclaimer: Information on this site is only for Education Purpose. Don't take our Articles as any Investment or Trading Advice, as we are not SEBI Registered.
Nifty Bank opened lower last Friday, continuing the bearish trend, but in the opening session,…
On Tuesday, Bank Nifty opened higher from the previous closing but traded flat for the…
Bank Nifty formed a Descending Triangle Pattern with the support at the 52,000 level and if this level break then we may see Bank Nifty towards the 51,500 on Wednesday.
Bank Nifty is consolidating from the last 4 trading sessions, facing resistance from the 50,000 level and the technical chart indicating that there might be some possible downside in the market on Wednesday 12th June.
Nifty Bank faced a 10% drop but regained 2500 points in 2 days. On Thursday, it showed weak performance and closed below the previous day. However, it gained 0.48% thanks to PSU banks. The prediction indicates potential upward movement, with the resistance level at 49,500. Tomorrow's trade may range between 48,800 and 49,800.
Nifty Bank is forming a Descending Triangle Pattern, which indicates a fall ahead but it may trade sideways of Wednesday because of the weekly expiry
Bank Nifty closed lower on Friday due to waning interest in large cap bank stocks and selling pressure in the PSU. It may find support around 47,300 but is expected to trade sideways with a slight downward movement. Expect a negative opening on Monday, potentially testing resistance levels at 47,500 and 47,800 levels.
Bank Nifty is Bearish as of Now, but if it is able to sustain above the 49,000 level then we can again see it to make a new all-time high
Nifty Bank is looking weak compared to Nifty and Sensex, but it not looking to fall further because this looks like a minor pullback.
Nifty Bank formed a Shooting star on the daily timeframe, indicating a bearish market ahead.
Nifty Bank is looking Strong, but the weekly and monthly expiry is near, so we are expecting a fluctuation in prices.
Nifty Bank is looking for reversal after making a Piercing Line Pattern on Daily Chart, after a huge 1000 points rally from the day low on Friday.
Bank Nifty is Strong but this rally should be put on hold after higher than expected US inflation data came out. So take a look at the potential Support levels for Bank Nifty for Friday.
Nifty Bank made a new all-time high on monday after 3.5 months. But Index doesn't seems strong as RSI is falling.
Bank Nifty is currently trading around its all-time high showing strength in the market, but it may test the 48,000 level to continue the uptrend.
Bank Nifty reclaims the 48,000 level but not looking like it can hold above it for too long as it formed a Hanging Man on the daily time-frame
Bank Nifty is facing resistance from the 47,700 level from the last three trading sessions, so we careful and take a look at the candles if it breaks this level of fall from here.
Bank Nifty is currently trading sideways, in a range of 47,700 and 47,500, and importantly the Index heavyweights is also losing their momentum.
Nifty Bank is looking Strong as it is already trading around its support level of 47,000. Any we are looking for 47,500 in Monday's Trading Session.
Bank Nifty is not looking too appealing as today is the weekly and Monthly expiry of Nifty and Stocks. So we think Bank Nifty may trade in a range for today.
Bank Nifty is facing resistance from the 46,750 level and taking support at 46,500 level indicating further weakness but tomorrow is the expiry so it may remain sideways.
Please submit your Email below and Get all the BEST of Cup of Glory, Selected by Our Editors, Straight to your Inbox.