Daily Technicals Nifty Bank

Sensex may reclaim 62,000, Nifty 18,000 if these levels are conquered

Positive divergence may push Sensex and NIfty in a bullish trend for coming sessions, show technical charts.

Is Nifty Bank forming a short-term bottom and ready to breakout over 42K?

if the Bank index succeeds to close over 41,000 mark, which is right above its 21-DMA, the short-term upside may poised to rally towards 42,000 level,

Bank Nifty likely to consolidate in the near-term, says Ravi Nathani

According to the technical analyst, Bank Nifty's break out from within the range of 41,725 to 42,725, would indicate a trend change in the charts

Street signs: Nifty seen in 9,600-11,000 zone in July, LIC IPO, and more

10,500-10,700 may act as a strong resistance going forward, considering that foreign investors may book profits at higher levels

Sensex, Nifty need to hold 32,200 and 9,400 levels for next leg of rally

Benchmark indices, S&P BSE Sensex and NSE's Nifty gained ground on Wednesday, a day after Prime Minister Narendra Modi announced a Rs 20 trillion economic boost for Covid-19 hit economy

Tech view: Should you use the rally in banks post the rate cut to exit?

Nifty PSU Bank index is showing a consolidation in the range of 1,600 to 1,200 levels. On the other hand, 22,000 mark is crucial for Nifty Bank.

Have the Sensex, Nifty bottomed out? Here is what technical charts say

The candlestick formations on the benchmark indices show a 'Bullish Engulfing' pattern, which suggests a change in sentiment to positive

Tech View: Sensex, Nifty see volatile sessions, but trend remains positive

The benchmark indices are holding the positive sentiment

Here's how to trade NiftyBank and Nifty PSU Bank indices post RBI policy

The Nifty Bank has seen a sharp rally from 27,750 to 32,150 levels in the last 33 sessions. It witnessed one session of a "gap-up" close, whose range of 30,860 - 30,789 is not even filled

Sensex can scale higher if it breaches 40,800; bank stocks likely to shine

The daily chart shows buying around 40,200. If this level holds, then a further upside looks certain. Although, MACD trades with a negative crossover, the charts do not indicate any major weakness

Sensex zooms over 3,000 points in two days. Is it time to book profit?

The index had witnessed 10 per cent correction from June, 2019 and an upside of over 5 per cent in the past two sessions has strengthened the positive view on the technical charts

Markets may see selling pressure; Sensex faces resistance at 37,000 mark

A bigger upside rally is expected only if it has added volumes and the Sensex is able to hold above the resistance zone

Is correction in Bank Nifty a buying opportunity? Here's what charts say

The Nifty Bank has corrected 1.85 per cent from its recent high of 27,430 in the last four trading sessions.