Bank Nifty on the verge of trendline breakout; know the key breakout level! Bank Nifty on the verge of trendline breakout; know the key breakout level! A move above 34,355 is positive, and it can test 34,565. However, a move below 34,200 is negative, and it can test 33,980. Karan Dsij / Thursday, July 7, 2022 0 393 Article rating: 3.2 On Wednesday, Bank Nifty jumped 1.5 per cent and closed decisively above the important psychological mark of 34,000. Read more
Bank Nifty caught between rock and a hard place; 21-EMA is crucial! Bank Nifty caught between rock and a hard place; 21-EMA is crucial! Bank Nifty took support at 21-EMA for the day, which is placed at 33,815. A decline below this will be negative for the index. Karan Dsij / Wednesday, July 6, 2022 0 409 Article rating: 5.0 After a solid start, Bank Nifty registered an intraday high of 34,361; however, it fell from grace and declined sharply by 600 points from the day’s high. Read more
A perfect set-up for Bank Nifty to extend its gains! Know the key levels for the day! A perfect set-up for Bank Nifty to extend its gains! Know the key levels for the day! The price structure looks bullish for now as the index has formed a sizeable bullish candle and decisively, closed above the 20-DMA. Karan Dsij / Tuesday, July 5, 2022 0 503 Article rating: 5.0 Monday’s trading session turned out to be a marvellous one for Bank Nifty as it closed with gains of over 1 per cent i.e. above the sloping trendline resistance and marked its highest closing level after June 13. Read more
Will Bank Nifty continue its resilient act? Know key levels for the day! Will Bank Nifty continue its resilient act? Know key levels for the day! On the weekly chart, it’s undergoing the formation of a dark cloud cover-like candlestick pattern. Karan Dsij / Friday, July 1, 2022 0 385 Article rating: 5.0 Bank Nifty was observed to be resilient on a monthly expiry day as it gained nearly half a per cent. Read more
Bank Nifty bulls need to battle hard to recapture its important psychology mark of 34,000! Bank Nifty bulls need to battle hard to recapture its important psychology mark of 34,000! Any negative opening and slipping below the 33,600 level will have a bearish implication. Karan Dsij / Wednesday, June 29, 2022 0 391 Article rating: 4.0 On Tuesday, Bank Nifty ended with a loss of half a per cent. It opened at 33,578 and closed at the level of 33,642. Read more