Quote on Bank Nifty 10th September 2026 from Vatsal Bhuva, Technical Analyst at LKP Securities

2026-09-10 05:48:20 pm | Source: LKP Securities Ltd

Quote on Bank Nifty 10th September 2026 from Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 10th September 2026 from Vatsal Bhuva, Technical Analyst at LKP Securities

"After the CAS session, Bank Nifty managed to close in positive territory, forming a bullish candlestick on the daily chart. However, the index continues to trade below its 200-DMA, keeping the overall chart structure and sentiment weak. Immediate support is placed in the 55,900–56,000 zone, while recovery may face resistance near 57,000. As long as Bank Nifty sustains below 57,500, the outlook remains bearish, favouring a sell-on-rise strategy."

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Quote on Bank Nifty 10th September 2026 from Vatsal Bhuva, Technical Analyst at LKP Securities

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