Outlook of Bank Nifty Today

Bank Nifty Outlook:-

Equity markets have gained momentum in the last hour of trading and are hovering around the day’s high. Bank Nifty down 74 points to trade at 27641. However, the index rose 74 points from intraday lows to 27,008. Maximum losers were seen in HDFC Bank, ICICIBANK , and  AXISBANK, which rose between 2-1% each.

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Outlook of Bank Nifty Today

Bank Nifty Outlook:-

Bank Nifty Future had given breakouts of its important resistance i.e. of 26410 and closed above it which further indicates buying in Index for coming days. For now, 26700 will act as a resistance for now while on lower side 26200 is support.

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Bank Nifty Weekly View

Bank Nifty made a strong comeback post Thursday’s jitters as it signed off the last session of the week with a bullish candle as well as closed above important resistance i.e. of 28100 which further indicates buying in Index

Bank nifty 26 may

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Outlook of Bank Nifty Today

Bank Nifty Outlook:-

Bank Nifty ended the day on a weak note on weakly expiry following weak global cues as well as profit booking in the market. Bank nifty covered gap which we saw on 27 July and closed around it, selling pressure may continue if able to sustain below 27400 mark.

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