The Nifty Private Banks Index is currently experiencing a downward trend, supported by short-term moving averages, all of which are sloping downwards
The Nifty Bank Index is positioned near its key support levels, making this an ideal time to adopt a "buy on dips" strategy.
The Nifty Private Banks Index is approaching a critical juncture, with the level of 26325 acting as a key pivot
The Nifty Bank Index has entered the overbought zone according to technical indicators, signalling a potential near-term correction.
The Nifty Bank Index is currently range-bound between the levels of 51,375 and 51,175. A breakout or breakdown from this range will likely trigger momentum in the respective direction.
The Nifty PSU Banks Index is currently range-bound, oscillating between the levels of 7,090 and 6,910. This indicates a phase of consolidation, where the index lacks clear direction
The Nifty Bank Index is currently exhibiting a bullish trend on the charts, suggesting a positive outlook for the near term.
Technical indicators such as MACD (Moving Average Convergence Divergence) and Moving Averages also support the expectation that the index will outperform in the near term
The Nifty PSU Banks Index is currently experiencing a downward trend in the near term. However, the index has recently undergone a sharp correction, bringing it very close to critical support levels a
The Nifty Pvt Banks Index is currently trading within a defined range of 25,900 to 25,400. A close above or below this range would act as a trigger for a directional move.
he Nifty PSU Bank Index is currently trading at 7,178.00. The near-term trend on the charts indicates a downward movement
The Nifty Bank Index is currently trading at 50,440.90. In the near term, the index has reached its resistance level of 50,600
The Nifty Private Banks Index is currently positioned to attract profit booking on any rise, making a sell-on-rise strategy the most suitable approach for traders
Shares of RBL Bank, IndusInd Bank, Bandhan Bank, and City Union Bank surged by 7.2 per cent, 6.7 per cent, 6.6 per cent and 6.4 per cent, respectively in intraday deals
IT Index is trading at 33,880.85 and is currently exhibiting a range-bound pattern on the charts. The defined range for this index lies between 34,300 and 32,700
The Nifty Bank Index, currently trading at an unspecified price, has experienced a sharp correction on the charts recently. However, there are indications of a potential technical bounce in the near
Bank Nifty hit a new all-time high on Monday led by a rally in ICICI Bank post inline Q4 results. Analysts upbeat on future prospects of the private sector bank.
According to Ravi Nathani, an independent technical analyst, the Nifty Bank seems to be trapped in 47,625-47,375 trading range.
If Nifty Bank breaches 46,536, the immediate next support levels are expected to be around 46,225 and 45,675
If the index falls below the lower boundary of 23025, the next support levels on charts are expected at 22650 and 22250