Get started

Bankniftyindex

Bank Nifty spot 57713.35 by the Daily Chart view- Weekly updateBank Nifty spot 57713.35 by the Daily Chart view- Weekly update - Bank Nifty created a New Lifetime High Milestone touching 57830.20 - Resistance Zone 56950 to 57350 then ATH 57628.40 for Bank Nifty - Falling Resistance Trendline Breakout seems to be well sustained for now - Rising Support Channel stood ground and providing steady positive support - Current Support Zone 56950 to 57350 for Bank Nifty was earlier the Resistance Zone - Bullish Rising W pattern done and has been well sustained by current trending momentum - Bullish Rounding Bottom formed by Support Zone neckline inclusive of W pattern actively effective
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 56609.75 by the Daily Chart view - Weekly updateBank Nifty spot 56609.75 by the Daily Chart view - Weekly update - Support Zone 55125 to 55775 for Bank Nifty decently active - Resistance Zone 56950 to 57350 then ATH 57628.40 for Bank Nifty - Falling Resistance Trendline Breakout seems in the making for uptrend - Rising Support Channel stood ground and provided steady positive support - Bullish Rising W pattern done and well sustained by current trending momentum - Support Zone tested and tested over the past full week, indicating probable positive trend
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 54809.30 by Daily Chart view - Weekly UpdateBank Nifty spot 54809.30 by Daily Chart view - Weekly Update - Support Zone 53575 to 54175 for Bank Nifty Index - Rising Support Channel seems back in positive action mode - Resistance Zone 54975 to 55575 of Bank Nifty Index may act as a strong barrier to cross - Minor Gap Down Opening of Tuesday would get closure soon, probably over the next week - Earlier Resistance Zone now seems like getting in the Support Zone role by this weeks closure
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 54114.55 by the Daily Chart view - Weekly updateBank Nifty spot 54114.55 by the Daily Chart view - Weekly update - Support Zone 53150 to 53650 for Bank Nifty Index - Rising Support Channel Breakdown would act as a Resistance - Resistance Zone earlier Support Zone at 54160 to 54660 for Bank Nifty Index - Bank Nifty Index trending within the Support and Resistance Zone since last week - Bearish Rounding Top acting as a resistance and again index closed below Resistance Zone - Minor Gap Down Opening of Thursday last week closed, now Friday gap down needs a closure
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 53655.65 by the Daily Chart view - Weekly updateBank Nifty spot 53655.65 by the Daily Chart view - Weekly update - Support Zone 53150 to 53650 for Bank Nifty Index - Rising Support Channel Breakdown might act as Resistance - Resistance Zone earlier Support Zone at 54160 to 54660 for Bank Nifty Index - Falling Resistance Trendline sustained by current Weekly closure below trendline - 2 Minor Gap Down Openings done last week Thursday and Friday as a resistance closure - Bank Index made a repeat Bearish Rounding Top pattern making fairly decent Resistance with the closure well below Resistance Zone
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 55,149.40 by Daily Chart view - Weekly updateBank Nifty spot 55,149.40 by the Daily Chart view - Weekly update - Rising Support Channel broken down from supportive role - Next fairly decent Support Zone 54160 to 54660 for Bank Nifty Index - Upwards going Resistance Zone 59550 to 56385 for Bank Nifty Index - Next Strong Resistance Zone 56850 to 57250 and then ATH Level 57628.40 - Acting Support Zone 55050 to 55450 for Bank Nifty Index, will it be a Resistance Zone again - Bank Nifty Index formed Bearish Rounding Top, somehow seen sustaining closure above the Support Zone for past 3 weeks, indicates consolidation, hope for an upward trajectory
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 55,341.85 by the Daily Chart view - Weekly updatBank Nifty spot 55,341.85 by the Daily Chart view - Weekly update - Fairly decent Support Zone 54160 to 54660 for Bank Nifty Index - Current Resistance Zone 55050 to 55450 for Bank Nifty Index, earlier Support Zone - Falling Resistance Trendline is yet a hurdle to cross over along with the current Resistance Zone - Rising Support Channel seems back in supportive role and gives indicative feeling of probable upside reversal, so hope for the best to happen - Bank Nifty Index thou has formed a Bearish Rounding Top, is sustaining closure around the Resistance Zone over the past 2 weeks indicates consolidation and hope to see upside reversal
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 55004.90 by Daily Chart view - Weekly updateBank Nifty spot 55004.90 by Daily Chart view - Weekly update - Fairly decent Support Zone 54160 to 54660 for Bank Nifty Index - Current Resistance Zone 55050 to 55450 for Bank Nifty Index, earlier Support Zone - Bearish Rounding Top pattern has sustained for Bank Nifty Index ATH to current Resistance Zone earlier a Support Zone - Bearish Rounding Top from ATH 57628.40 ending 55149.30 by 2479 points of Bank Nifty index in active downplay mode - *Will the Bank Nifty Index continue this breakdown journey from the active Resistance Zone and dive down further on too* - *Stock Markets Domestically and Globally, are bearing the brunt of adversely affecting and negatively playing Tariff Tantrum Trumpet*
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 55617.60 by Daily Chart view - Weekly updateBank Nifty spot 55617.60 by Daily Chart view - Weekly update - Resistance Zone 56850 to 57250 and then ATH Level 57628.40 - Earlier Support Zone now a Resistance Zone 59550 to 56285 of Bank Nifty Index - Most probable and fairly decent Support Zone 55050 to 55450 of Bank Nifty Index Levels - Bearish Rounding Bottom pattern formed from Bank Nifty Index ATH level to Support Zone by current week closure - Practical Bottom for the Bearish Rounding Bottom from the ATH 57628.40 comes to 55149.30 for the Bank Nifty index - Practically will the Bank Nifty Index take a breakdown from the Support Zone to deep dive below by 2479 points from here ????
NSE:BANKNIFTY
by PIYUSHCHAVDA
2
Bank Nifty spot 56528.90 by Daily Chart view - Weekly updateBank Nifty spot 56528.90 by Daily Chart view - Weekly update - Resistance Zone seen at 56850 to 57250 and then ATH Level 57628.40 - Updated Rising Support Channel indicates Index Spot hopefully sustains - Support Zone seen at 59550 to 56285 of Bank Nifty Index yet seems sustained - Next fairly decent Support Zone seen at 55050 to 55450 of Bank Nifty Index Levels - *Multiple reasons attribute for weakness and breakdown and that is how Markets show their Supremacy*
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 55527.35 by Daily Chart view - Weekly UpdateBank Nifty spot 55527.35 by Daily Chart view - Weekly Update - Rising Support Trendline has taken a breakdown - Support Zone is still active 55150 to 55500 of Bank Nifty Index Levels - Resistance Zone at 56475 to 56700 and then at Bank Nifty ATH Level 57049.50 - Next probable and decent Support Zone at 54225 to 54575 of Bank Nifty Index Levels - The latest Gap Down and a slightly old Gap Up Opening will need to be closed, sooner or later
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 56578.40 by Daily Chart view - Weekly UpdateBank Nifty spot 56578.40 by Daily Chart view - Weekly Update - *Bank Nifty creates a New Lifetime High Milestone Level 56695* - Support zone 55150 to 55500 Index Band - Next Support Zone 54225 to 54575 Index Band - Bank Nifty had 2 Resistance to crossover for New ATH - Falling Resistance Trendline Breakout has been sustained - ATH 56098.70 has been crossed and New ATH 56695 made - *Gap Up Opening of 15-April-2025 remains to be filled in for closure* - Resistance just at ATH 56695 to breach and create another new milestone
NSE:BANKNIFTY
by PIYUSHCHAVDA