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
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
Latest News
Neptune Logitek shares list at 26 pc discount, IPO i...
Electronics sector creating large scale blue-collar ...
60 pc GCC bases operate from green-certified Grade A...
Aditya Birla SL AMC announces addition of schemes un...
India-New Zealand FTA to ensure zero duty on 100 pc ...
Shriram Mutual Fund files offer document for Money M...
Bandhan Mutual Fund files offer document for Arudha ...
Bondada Engineering soars on securing order worth Rs...
Emcure Pharmaceuticals inches up on launching semagl...
Grace in Pastels: A Modern Interpretation of the Cla...
