BANKNIFTY 1D Time frameApologies for any confusion earlier. As of September 11, 2025, at 2:48 PM IST, the Nifty Bank (BANKNIFTY) index is trading at approximately ₹54,536.00 on the daily (1D) time frame.
The Economic Times
📊 Current Snapshot
Current Price: ₹54,681.00
Day’s Range: ₹54,402.40 – ₹54,733.90
Previous Close: ₹54,536.00
Opening Price: ₹54,413.05
Volume: Approximately 6.16 million shares
📈 Trend & Indicators
Trend: Neutral to mildly bullish; trading near short-term resistance.
RSI (14): Neutral zone.
MACD: Positive → indicating mild bullish momentum.
Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.
🔮 Outlook
Bullish Scenario: Break above ₹54,800 with strong volume could target ₹55,000.
Bearish Scenario: Drop below ₹54,400 may lead to further decline toward ₹54,200.
Neutral Scenario: Consolidation between ₹54,400 – ₹54,800; breakout needed for directional move.
📌 Key Factors to Watch
Economic Indicators: Interest rates, inflation, and RBI policy updates.
Sector Performance: Trends in the banking sector.
Global Cues: Global market trends, US indices, crude oil, and currency movements.
Institutional
HCLTECH 1D Time frame📍 Current Price Action
HCLTECH is trading around ₹1,464.
Day’s low is near ₹1,458, and high is around ₹1,470.
The stock is consolidating near the upper end of its intraday range.
⚖️ Key Levels
Immediate Resistance: ₹1,470 – ₹1,475
Next Resistance: ₹1,495 – ₹1,500
Immediate Support: ₹1,450
Strong Support: ₹1,430 – ₹1,420
📊 Indicators
Moving Averages: Short-term MAs (5-, 10-day) slightly lagging, medium-term (20-, 50-day) supportive → trend mildly bullish.
RSI (14-day): Around 66 → showing bullish momentum, approaching overbought.
MACD: Positive, indicating mild bullish bias, but momentum is not extremely strong.
📈 Outlook
If HCLTECH holds above ₹1,450, potential upside toward ₹1,470 – ₹1,495 exists.
A breakout above ₹1,475 could open room toward ₹1,500.
On the downside, a drop below ₹1,450 may test ₹1,430 – ₹1,420 support.
Overall bias: Slightly bullish, but caution near resistance.
BANKNIFTY 4H Time frameCurrent Snapshot
Current Price around: ₹54,713 - ₹54,600
Day’s Range (4H): ₹54,400 – ₹54,705
Previous Close: ₹54,216
Opening Price (4H): ₹54,554
Volume: Moderate
🔑 Key Support & Resistance Levels
Immediate Support: ₹54,550
Next Support: ₹54,400
Immediate Resistance: ₹54,705
Next Resistance: ₹55,000
📈 Trend & Indicators
Trend: Mildly bullish; trading around 50-hour moving average.
RSI (14): 62 – Neutral to slightly bullish.
MACD: Positive → indicating mild bullish momentum.
Moving Averages: Short-term averages indicate neutral to slightly bullish bias.
🔮 Outlook
Bullish Scenario: Sustained move above ₹54,705 may push toward ₹55,000.
Bearish Scenario: Drop below ₹54,550 could bring a retracement to ₹54,400.
Neutral Scenario: Consolidation between ₹54,550 – ₹54,705; breakout needed for directional move.
📌 Key Factors to Watch
Performance of major banking stocks in BANKNIFTY.
Economic indicators such as interest rates and RBI policy updates.
Global market cues including US indices, crude oil, and currency movements.
PVR Hot-stuff PVR has been falling since almost 300 days and has now shown signs of bullish nature.
It has showed buying climax with lower wicks at a very important support level from where it rallied in the past and it has done so on high volume.
Tight stop loss at 1467 and Targets at T1,T2,T3
with a favourable risk to reward and earnings
around the conner, we may see a rally.
Keep It Simple
HDFC- Good Opportunity!The analysis is based on simple institution manipulation. After the merger of HDFC and HDFC Bank, retailer participation increased two folds which acts as an opportunity for institution to fill their orders.
Indian Oil Corporation 1- Hour Chart expecting a Sell to BuyIndian Oil Corporation as seen on the 1-hour time frame has been putting in higher prices.
The last place composite man (Institutions) sold In was at 103.55 and pushed prices higher to 113.70. Price has created imbalances as it pushed higher and a Demand Zone which has not been mitigated yet. We can expect prices to come back into the demand zone near 104 and may see prices delivered higher in the future.
We can look for short positions towards 104 if the opportunity provides and buy-back with the institutions once it reaches our Demand Zone if we get confirmation to look for buys.