Quote on Bank Nifty 01st December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

2025-12-01 05:38:08 pm | Source: LKP securities Ltd

Quote on Bank Nifty 01st December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #LKPSecuritiesLtd #VatsalBhuva

Below the Quote on Bank Nifty 01st December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

"Bank Nifty closed with a bearish candlestick in Monday’s session, signaling selling pressure at higher levels. A mild negative divergence in RSI indicates a cautious stance, with a possibility of profit booking and short-term retracement in the index. However, the medium-term outlook remains bullish as long as the index sustains above 58500 levels. For the short term, the sentiment turns slightly bearish and traders should remain cautious. Key support levels are placed at 59200 and 59000, while resistance is seen around the 60000 mark."

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Bank Nifty 01st December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

Top News

Tag News

More News