Quote on Bank Nifty 28th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

2025-11-29 01:48:33 pm | Source: LKP Securities Ltd

Quote on Bank Nifty 28th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 28th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

"Bank Nifty closed the week with a strong bullish candlestick on the weekly chart. The formation of higher highs and higher lows confirms a firm bullish undertone, with market participants actively buying every dip. However, the small doji candlestick formed in Friday’s session on the daily chart, along with a bearish crossover on hourly RSI and resistance near 60000, suggests that long positions should be initiated on dips. Immediate support lies at 59200, with positional support at 58900, while resistance is seen at 60000 and 60500 levels."

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Quote on Bank Nifty 28th November 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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