Quote on Bank Nifty 25th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities
Below the Quote on Bank Nifty 25th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities
"The index formed a bearish candlestick for the third consecutive session, again attempting to cross 59200 but encountering selling pressure at that level. RSI has now drifted into a bearish crossover on the daily chart, adding to the cautionary tone. These technical readings suggest the index may trade in a sideways to mildly bearish trend over the next two to four sessions, with potential retracement towards the 20-day EMA at 58300–58400. Immediate support is seen at 58300, resistance remains at 59200, while positional support lies near 58000"
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