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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
Nifty 50 spot 24426.85 by the Daily Chart view - Weekly updateNifty 50 spot 24426.85 by the Daily Chart view - Weekly update - Support Zone 23975 to 24225 of Nifty Index - Gap Up Opening of 18-Aug-2025 has now closed - Resistance Zone earlier Support Zone at 24450 to 24700 for Nifty Index - Rising Support Channel Breakdown may act as Resistance for upside move - Breakdown from Falling Resistance Trendline and Channel has strongly sustained - Nifty Index made a repeat Bearish Rounding Top or Bearish Inverted Cup & Handle pattern by now Resistance Zone neckline with a closure below it
NSE:NIFTY
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