Quote on Bank Nifty 02nd January 2026 by Rupak De, Senior Technical Analyst at LKP Securities

2026-01-03 02:01:45 pm | Source: LKP Securities Ltd

Quote on Bank Nifty 02nd January 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 02nd January 2026 by Rupak De, Senior Technical Analyst at LKP Securities

"Bank Nifty remains a clear outperformer versus the Nifty in recent sessions. The falling trendline breakout and recovery above critical short-term moving averages have strengthened the bullish setup. The index has entered a strong momentum phase, with a move beyond 60,500 appearing increasingly probable in the near term. On the downside, support is placed at 60,000; a decisive break below this level could cool off the ongoing sharp uptrend."

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Quote on Bank Nifty 02nd January 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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