Quote on Bank Nifty 17th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

2026-02-17 05:55:07 pm | Source: LKP securities Ltd

Quote on Bank Nifty 17th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 17th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

"The Bank Nifty staged a smart rally during the session, extending gains from the previous day. The index continues to sustain above its 50DMA, reinforcing the positive trend. The RSI is also in a bullish crossover, indicating strengthening momentum.

The trend is likely to remain positive in the short term, with potential upside toward 62,200. On the downside, immediate support is placed at 60,400, which may act as a cushion in case of any interim correction."

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Quote on Bank Nifty 17th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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