renderwithme | Bank Nifty Prediction for July 14–18, 2025

95


~~ Bank Nifty Current StatusClosing Price (July 11, 2025): ~~

The Bank Nifty index closed at 56,754.7, down 0.35% (201.3 points), reflecting selling pressure in key constituents like HDFC Bank (-1.16%), Canara Bank (-0.64%), and Bank of Baroda (-0.79%).

#Recent Trend:
The index has shown a bearish tilt, breaching the 20-day Exponential Moving Average (EMA) support, with a cautious market sentiment.

# Historical Context:

Despite the recent dip, Bank Nifty has a positive seasonality trend, with 11 out of 17 years showing positive returns in July.

~~ Technical Analysis ~~

# Support Levels:
Immediate support: 56,400–56,000 (key psychological and technical level).

Additional supports: 55,736 and 55,438.

Critical support: 55,000, a level noted as a potential rebound point if held.


# Resistance Levels:
Immediate resistance: 57,000–57,500 (significant open interest in call options at these strikes).

Higher resistance: 57,300–57,500, with a breakout above 57,200 potentially signaling a move toward 57,600–58,000.

Bank Nifty Prediction for July 14–18, 2025Bullish Scenario:A breakout above 57,200–57,300 could push the index toward 57,600–58,000, especially if banking heavyweights like ICICI Bank or SBI show strength.

Sustained trading above 57,000, supported by positive earnings or global cues, could reinforce the bullish trend.

Bearish Scenario:A break below 56,500 could trigger selling toward 56,000 or lower (55,540–55,000).

Negative earnings or renewed global uncertainties (e.g., trade tensions) could exacerbate declines.

Likely Range: The index is expected to trade between 56,500–57,500, with consolidation likely unless a clear breakout or breakdown occurs.

~~ Disclaimer --

This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.

#Boost and comment will be highly appreciated

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.