Quote on Bank Nifty 12th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

2025-12-12 04:15:31 pm | Source: LKP Securities

Quote on Bank Nifty 12th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 12th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

"Bank Nifty formed a small indecisive Doji on the daily chart, indicating hesitation, but reclaimed its 10-day EMA with a close above it. If the index sustains above the 10-day EMA for the next 2–3 sessions, it is expected to regain strength and momentum. A follow-up close above 59,500 could further boost sentiment, though the RSI is yet to confirm a bullish crossover. Support is placed at 59,100 near the 20-day EMA, while resistance is seen at 59,500 and 59,800 levels."

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Quote on Bank Nifty 12th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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