Quote on Bank Nifty 27th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities
Below the Quote on Bank Nifty 27th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities
"Bank Nifty closed with a small candlestick, acting as a follow-up move after breaking the high of 59435, indicating that bulls continue to maintain a strong grip on the index. The undertone remains bullish, supported by RSI re-entering the mildly overbought zone at 72, suggesting that a buy-on-dip strategy is appropriate for traders. Key support levels are seen at 59300 and 59000, which may act as accumulation zones. On the higher side, immediate resistance is positioned at the 60000 mark, which could be tested if momentum persists."
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