Bank Nifty is expected to open on a flat note, suggesting a cautious start to the session after recent range-bound moves. The index has been consolidating near key levels, and traders should closely track price action for directional confirmation.
On the upside, strength can be anticipated if Bank Nifty sustains above 54,050–54,100. A move above this zone could trigger a bullish momentum, with potential upside targets at 54,250, 54,350, and 54,450+. A sustained rally beyond these levels could further strengthen the short-term bullish sentiment.
On the downside, weakness may emerge if the index breaks below 53,950. A fall under this support may lead to further declines toward 53,750, 53,650, and 53,550. These levels will act as critical intraday supports, and a breakdown could open the gates for deeper correction.
Overall, with a flat opening on the cards, Bank Nifty is likely to remain volatile within the defined range. Traders should watch for a breakout above 54,100 or a breakdown below 53,950 for clear intraday opportunities, while keeping a strict stop-loss to manage risk effectively.
On the upside, strength can be anticipated if Bank Nifty sustains above 54,050–54,100. A move above this zone could trigger a bullish momentum, with potential upside targets at 54,250, 54,350, and 54,450+. A sustained rally beyond these levels could further strengthen the short-term bullish sentiment.
On the downside, weakness may emerge if the index breaks below 53,950. A fall under this support may lead to further declines toward 53,750, 53,650, and 53,550. These levels will act as critical intraday supports, and a breakdown could open the gates for deeper correction.
Overall, with a flat opening on the cards, Bank Nifty is likely to remain volatile within the defined range. Traders should watch for a breakout above 54,100 or a breakdown below 53,950 for clear intraday opportunities, while keeping a strict stop-loss to manage risk effectively.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📈 Trade Smarter with TradZoo!
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 Website: bit.ly/tradzoopage
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.