Quote on Bank Nifty 03rd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

2025-12-03 05:03:22 pm | Source: LKP Securities Ltd

Quote on Bank Nifty 03rd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 03rd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

"On the daily chart, Bank Nifty took support near its 20-day EMA around 58900 and sharply rebounded, suggesting that buyers are actively defending this level. However, RSI remains in a bearish crossover, so a cautious stance is advisable despite the rebound. Wednesday’s price action further confirmed that bulls are still in control as the index once again respected its 20-day EMA. Ahead of the RBI policy announcement on Friday, volatility is expected, with support at 58900 and resistance at 59800 and 60000."

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Quote on Bank Nifty 03rd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

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