Bank Nifty forms a bearish belt hold candlestick pattern; know the significant support level to watch out for!
Bank Nifty forms a bearish belt hold candlestick pattern; know the significant support level to watch out for!

Bank Nifty forms a bearish belt hold candlestick pattern; know the significant support level to watch out for!

Bank Nifty has formed a bearish candle and took support at the MA ribbon.

DSIJ Intelligence-3 Article rating: 5.0

Bank Nifty found resistance around the 20-DMA and thereafter, it declined 400 points from the day’s high before settling with a modest gain of over half a per cent.

Is Bank Nifty ready for an impulsive move? Know the crucial levels to watch out for intraday trades!
Is Bank Nifty ready for an impulsive move? Know the crucial levels to watch out for intraday trades!

Is Bank Nifty ready for an impulsive move? Know the crucial levels to watch out for intraday trades!

Unless it closes above 33,110, it is better to avoid long positions.

DSIJ Intelligence-3 Article rating: 4.0

Bank Nifty on Wednesday closed in negative terrain and confirmed the previous day's shooting star candle. It has also moved below the previous day's low during the day.  

Bank Nifty closed below its prior swing low; what next?
Bank Nifty closed below its prior swing low; what next?

Bank Nifty closed below its prior swing low; what next?

Bank Nifty futures volume indicates massive selling pressure.

DSIJ Intelligence-3 Article rating: 5.0

On Thursday, Bank Nifty declined by a humongous 722 points or 2.17 per cent. With this sharp fall, it closed below its prior swing low, which was last marked in mid-May.

Bank of Baroda becomes the top-performing bank of 2022 so far!
Bank of Baroda becomes the top-performing bank of 2022 so far!

Bank of Baroda becomes the top-performing bank of 2022 so far!

Among the banking stocks, despite the overall bearish sentiment, the shares of Bank of Baroda have taken the top position zooming 21.9 per cent on a YTD basis.

DSIJ Intelligence Article rating: 5.0

The equity markets are having a tough time due to a global selloff that intensified owing to the US inflation print that led the Federal Reserve to the monetary tightening. On June 13, the market ended deep in red with benchmark indices losing more than 2.5 per cent each. At the same time, Nifty Bank dipped more than 3.1 per cent underperforming the benchmark indices. RBL Bank faced the worst hit after RBI appointed R Subramaniakumar as its new MD & CEO for RBL Bank. The stock crashed 22 per cent in a single day putting a major drag on the banking index. 

Nifty closes near 16,000; IT, realty, media and metals drag
Nifty closes near 16,000; IT, realty, media and metals drag

Nifty closes near 16,000; IT, realty, media and metals drag

NTPC, HDFC Life, and SBI Life emerged as the top gainers among Nifty stocks while Asian Paints, Adani Ports, and TCS were the top losers today.   

DSIJ Intelligence Article rating: 3.7

Indices lost points for the third consecutive day as Nifty fell about 0.62 per cent to close at 16,025.80.

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