Nifty support resistance

NIFTY Bank: Support Intact, Resistance Firm — Directional Trigger Awaited

Market Recap: Strong Recovery, Range PersistsNifty Bank staged a sharp rebound, recovering nearly 50% of the previous session’s losses as buyers emerged near rising short-term averages. The index settled 432.45 points higher at 61,172.00, closing the week on a constructive note.Despite the recove...

Nifty Attempts Base Formation After Recent Correction; Banking Indices Show Stabilisation

Indian equity benchmarks showed signs of stabilisation after the recent corrective phase, with both Nifty 50 and Nifty Bank rebounding from lower levels. While volatility remains elevated, technical indicators suggest that selling pressure is gradually easing, and the indices are attempting to fo...

Nifty rallies over 320 points, forming a major bullish reversal candle; poised for new lifetime highs

Nifty staged a powerful comeback, recording its biggest single-day gain in nearly four months as expectations of further rate cuts and strong buying in heavyweights fuelled sentiment. The index entirely erased the last three sessions of declines with a decisive bullish engulfing formation, reaffi...

Bulls Lose Momentum as Nifty Posts Muted Expiry; Critical Support Retest Signals Caution

The Nifty index ended the November expiry on a subdued note, marking its third straight negative session as measured profit-taking dragged the market lower. Persistent follow-through selling below the 26,000 mark reflected a precise cooling of bullish momentum, pushing the index closer to a criti...

Nifty Stays Resilient Amid Volatility; Sustained Strength Above 25,700 Keeps Bulls Optimistic

The Nifty index navigated a highly volatile session ahead of the Bihar election outcome but ended the day with a marginal gain, marking its fourth consecutive positive close. The index’s ability to hold above the previous session’s low highlights improving sentiment and steady accumulation at low...