Bank Nifty is likely to witness a flat opening, with price action expected to be range-bound around key levels. Traders should closely watch intraday movements for directional clarity.
On the upside, strength will be visible only if Bank Nifty sustains above 55,050, which can open the way for higher targets at 55,250, 55,350, and 55,450+. Until then, upside momentum may remain capped.
On the downside, a short trade can be considered around 54,950–54,900, with targets placed at 54,750, 54,650, and 54,550-. A deeper breakdown below 54,450 will intensify selling pressure, dragging the index toward 54,250, 54,150, and 54,050-.
Overall, Bank Nifty is in a neutral to cautious zone with a flat start. Traders should wait for confirmation near breakout or breakdown levels before entering fresh positions, while managing trades with strict stop-losses.
On the upside, strength will be visible only if Bank Nifty sustains above 55,050, which can open the way for higher targets at 55,250, 55,350, and 55,450+. Until then, upside momentum may remain capped.
On the downside, a short trade can be considered around 54,950–54,900, with targets placed at 54,750, 54,650, and 54,550-. A deeper breakdown below 54,450 will intensify selling pressure, dragging the index toward 54,250, 54,150, and 54,050-.
Overall, Bank Nifty is in a neutral to cautious zone with a flat start. Traders should wait for confirmation near breakout or breakdown levels before entering fresh positions, while managing trades with strict stop-losses.
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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.
📈 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.