Bank Nifty Index 1 Hour View

Hourly Technical Summary (as of August 29, 2025, ~10:00 AM GMT)

Investing.com’s “Nifty Bank (NSEBANK)” technicals on the hourly chart show:

Overall Summary: Strong Sell

Moving Averages: 12 out of 12 (both Simple and Exponential across various periods) suggest Sell

Key Indicators:

RSI (14): ~25 – Sell

Stochastic oscillator: Overbought

MACD: Sell

ADX: Strong Sell (indicating trending weakness)

Other metrics (CCI, ROC, Bull/Bear Power) – mostly Sell

Pivot-levels (Hourly):

Classic:

S1: 53,713

Pivot: 53,783

R1: 53,839

Fibonacci: similar to above

Camarilla: tighter range around 53,783

How to Use This

Short-term traders might look to enter on bounces near the resistance end of the range with tight stop-loss, targeting support.

Breakout traders should watch if support breaks — could see accelerated decline — or if resistance is broken with volume, signaling possible reversal.

Risk management is key given mixed oscillator readings and macro volatility.

Do keep in mind:

These are technical snapshots as of August 29, 2025. If you're looking for real-time or updated levels, regularly check live tools like TradingView, Investing.com, or your trading platform.

Always blend technical levels with broader market context and risk tolerance before taking action.