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Bankniftytechnicalchartsetup

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
Bank Nifty spot 55749.70 by Daily Chart view - Weekly UpdateBank Nifty spot 55749.70 by Daily Chart view - Weekly Update - Bank Nifty has just 2 Resistance hurdles to cross for New ATH creation - Falling Resistance Trendline Breakout is attempted - ATH 56098.70 upper side to crossover for New ATH - Support zone 53825 to 54200 Index Band well sustained - Bank Nifty Index is a stones throw away literally for New ATH in the makin process - Bank Nifty Index trending well and opposite to Nifty Index which is kind of struggling to go towards the ATH
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 55115.35 by the Daily Chart view - Weekly UpdateBank Nifty spot 55115.35 by the Daily Chart view - Weekly Update - Support Zone 53825 to 54200 Index Band - Next Support Zone 52790 to 53300 Index Band - Resistance seen only at Bank Nifty Lifetime High Level 56098.70 - Bank Nifty is sustaining above the immediate Support Zone at 53825 to 54200 over past 2 weeks. - This is an indication of the Index keeping calm and contained to the ongoing uncertainty of cross border situation - Let us hope for the best to happen for a positive outcome over the coming days/weeks and foresee New ATH creation
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 54664.05 by the Daily Chart view - Weekly UpdateOOPS 🤭 MY BAD..... Had done a typo mistake hence reposting the review for *Bank Nifty spot 54664.05* and *NOT 5664.05* by the Daily Chart view - Weekly Update. 😀 🤝 👍 Bank Nifty spot 54664.05 by the Daily Chart view - Weekly Update - Support Zone 53825 to 54200 Index Band - Next Support Zone 52790 to 53300 Index Band - ATH 56098.70 is the only Resistance Level to crossover - Gap Up Opening of 15-April-2025 remains to be filled in for closure - Bank Nifty made New Lifetime High Milestone 56098.70 on 23-April-2025 but faced the unwarranted incident development of war like situation. However, it is yet at an in between Support Zone juncture to probably give a bit of hope for assumed reversal subject to conditions
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 5664.05 by the Daily Chart view - Weekly UpdateBank Nifty spot 5664.05 by the Daily Chart view - Weekly Update - Support Zone 53825 to 54200 Index Band - Next Support Zone 52790 to 53300 Index Band - ATH 56098.70 is the only Resistance Level to crossover - Gap Up Opening of 15-April-2025 remains to be filled in for closure - Bank Nifty made New Lifetime High Milestone 56098.70 on 23-April-2025 but faced the unwarranted incident development of war like situation. However, it is yet at an in between Support Zone juncture to probably give a bit of hope for assumed reversal subject to conditions
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 51564.85 by the Daily Chart view - Weekly updateBank Nifty spot 51564.85 by the Daily Chart view - Weekly update - Resistance Zone 52175 to 52575 for the Bank Nifty Index Band - Couple of Gap Up and Gap Down Openings yet to be filled and closed for Bank Nifty - Earlier Resistance Zone, acting as a sustained Support Zone at 49950 to 50275 for Bank Nifty Index Level - Both the Bullish "W" Double Bottoms are sustained and well shouldered by the Support Zone Lower Band
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 50593.55 by the Daily Chart view - Weekly updateBank Nifty spot 50593.55 by the Daily Chart view - Weekly update - 1st Bullish "W" Double Bottom completed at the Lower Support Zone Index Band is maintained - 2nd Bullish "W" Double Bottom too has been completed with minor flip dip below Lower Support Zone - Earlier Resistance Zone 49950 to 50275 Index level is now anticipated to act as a sustained Support Zone - Lower level Support Zone 47850 to 48075 Index Band has been sustained with minor one flip dips below it - Rising Support Trendline is seen to be well respected with minor flip dips below it in Jan 2025 and March 2025
NSE:BANKNIFTY
by PIYUSHCHAVDA
Bank Nifty spot 48060.40 by the Daily Chart view - Weekly updateBank Nifty spot 48060.40 by the Daily Chart view - Weekly update - Resistance Zone 49950 to 50275 Index Level - Support Zone 47850 to 48075 Index Band sustained with one flip dips - 1st Bullish "W" Double Bottom formed and completed at the Support Zone Index Band - 2nd Bullish "W" Double Bottom been formed by minor flip dip below Support Zone Index Band - Rising Support Trendline seen well respected with minor flip dips below it in Jan 2025 and March 2025
NSE:BANKNIFTY
by PIYUSHCHAVDA