Outlook of Bank Nifty Today

Bank Nifty Outlook:-

Bank Nifty closed higher 169.25 points higher at 28829.20. Banking stocks like sbin, kotak bank, federal bank ,icicibank, pnb performed well during the trading session.  Bank nifty has good support around 28600 levels and till it hold this levels we may buy near this support for the targets of 29050 and closing below 28600 may trigger more selling towards 28200 levels .

Bank Nifty Future Support-Resistance
R1/R2 29050/29350
S1/S2 28600/28350

Daily Chart:

chart.PNG

To Get Free Trial 
Missed call @ 8817002233 
Call Us @ 9893024247
Mail Us = starindiamarketresearch@gmail.com
Visit = https://www.starindiaresearch.com/freetrial

Outlook of Bank Nifty Today

Bank Nifty Outlook:-

The Bank Nifty hit an all-time low as the rally in banking stocks continued day. The index surpassed its previous record low of 29115 registered on March 09 and hit a fresh intraday low of 28902 in the morning trade. The rally was led by Indusindbk Bank, followed by RBL Bank, Yes Bank, PNB, and Bank of Baroda.

Bank Nifty Future Support-Resistance
R1/R2 30500/31000
S1/S2 29750/29200

Daily Chart:

chart technical
chart technical

To Get Free Trial 
Missed call @ 8817002233 
Call Us @ 9893024247
Mail Us = starindiamarketresearch@gmail.com
Visit = https://www.starindiaresearch.com/freetrial

Outlook of Bank Nifty Today

Bank Nifty Outlook:-

On the very first half Bank Nifty was on the higher side but failed to sustain and sharp selling pressure seen in the second half of the day on the F&O monthly expiry day which due today, Bank Nifty closed below 30000 mark today which shows selling pressure.

Bank Nifty Future Support-Resistance
R1/R2 30000/30500
S1/S2 29400/29000

 Daily Chart:

To Get Free Trial 
Missed call @ 8817002233 
Call Us @ 9893024247
Mail Us = starindiamarketresearch@gmail.com
Visit = https://www.starindiaresearch.com/freetrial

 

Outlook of Bank Nifty Today

Bank Nifty Outlook:-

Equity benchmark market has gained momentum in the afternoon session as the rally was led by Bank Nifty, realty, media, IT pharma and FMCG sectors. The Nifty Bank index was trading higher by 0..092% at 30,354.25.

Bank Nifty Future Support-Resistance
R1/R2 30648/30846
S1/S2 30071/29718

Daily Chart:

chart technical
chart technical

To Get Free Trial 
Missed call @ 8817002233 
Call Us @ 9893024247
Mail Us = starindiamarketresearch@gmail.com
Visit = https://www.starindiaresearch.com/freetrial

Outlook of Bank Nifty Today

Bank Nifty Outlook:-

The Nifty PSU Bank index was trading 1% high on Tuesday amid heavy buying in Canara Bank, Bank of India, Union Bank, Syndicate Bank, and Bank of Baroda. Shares of Canara Bank and Bank of India, which gained 3%, were leading the index’s gain. Shares of Union Bank were trading 2% higher, while those of Syndicate Bank, Bank of Baroda, J&K Bank, and PNB were trading 1% each.

Bank Nifty Future Support-Resistance
R1/R2 30500/31000
S1/S2 29750/29200

Daily Chart:

chart technical
chart technical

To Get Free Trial 
Missed call @ 8817002233 
Call Us @ 9893024247
Mail Us = starindiamarketresearch@gmail.com
Visit = https://www.starindiaresearch.com/freetrial