Quote on Bank Nifty 11th Dec 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

2025-12-11 05:44:01 pm | Source: LKP Securities Ltd

Quote on Bank Nifty 11th Dec 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 11th Dec 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

"Bank Nifty formed a small candlestick in Thursday’s session, reflecting sideways consolidation with a mild bearish undertone. Although the index has reclaimed its 20-day EMA, a crucial hurdle remains at the 10-day EMA. With no clear directional conviction, immediate support is placed at 58,800 and resistance at 59,350. A decisive close above 59,500 would confirm bullish momentum, while a breakdown below 58,800 may trigger further selling pressure towards the 58,200 zone, where the 50-day EMA is placed."

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Quote on Bank Nifty 11th Dec 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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