bank nifty support resistance

Nifty Bank lacks follow-through as cautious positioning dominates derivatives

Nifty Bank traded with a subdued, indecisive tone on Wednesday, extending its sequence of lower highs and closing below the 20-day exponential moving average (DEMA). This signals a gradual fading of bullish momentum. The index once again tested its key demand zone of 58,800–58,700, a region that ...

Nifty Bank Hits Fresh Lifetime High; Bullish Marubozu Breakout Signals Strong Uptrend

The Nifty Bank index delivered a powerful breakout, hitting a new all-time high and posting its strongest single-day gain in nearly four months. Renewed optimism around possible rate cuts, coupled with sustained buying in heavyweight private and PSU banks, fueled a sharp upward surge. The index e...