2025-12-15 06:02:01 pm | Source: LKP securities Ltd
Quote on Bank Nifty 15th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities
Below the Quote on Bank Nifty 15th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities
"On Monday’s session, Bank Nifty closed with a bullish candlestick on the daily chart, managing to sustain above its 20-day SMA, indicating short-term stability. However, the RSI is yet to confirm a bullish crossover, suggesting momentum remains tentative. Overall, the setup points toward a phase of consolidation in the coming sessions, with immediate resistance placed near 59,600 and support around 58,800. A decisive breakout above the 59600 zone could act as a trigger, potentially accelerating upside momentum toward the 60,500 levels."
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