2025-12-06 06:16:22 pm | Source: LKP Securities Ltd
Quote on Bank Nifty 05th December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities
Below the Quote on Bank Nifty 05th December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities
"On Friday’s session, Bank Nifty formed a long bullish candlestick, successfully reclaiming its 10-day SMA and reinforcing the ongoing positive momentum. However, the RSI is yet to enter a bullish crossover, suggesting some confirmation is still awaited. Overall, the technical setup indicates that the prevailing uptrend remains intact in the Bank Nifty index. On the higher side, resistance is placed near the 60,000 level, while immediate support is identified around the 59,250 mark, keeping the index well-positioned within a defined trading range."
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