Quote on Bank Nifty 30th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

2025-12-30 05:31:17 pm | Source: LKP securities Ltd

Quote on Bank Nifty 30th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 30th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

"On Tuesday’s session, Bank Nifty closed forming a small candlestick on the daily chart, highlighting indecisiveness among market participants. From a chart structure perspective, the index continues to trade in a sideways trend within a narrow range, indicating lack of directional conviction. The overall undertone of the index remains neutral, with 58,750 acting as a strong support zone, while 59,300 continues to cap the upside as a key resistance level. Momentum appears weak as RSI is forming lower tops. This phase of consolidation is expected to extend further, keeping the index range-bound between the mentioned levels."

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Quote on Bank Nifty 30th December 2025 by Vatsal Bhuva, Technical Analyst at LKP Securities

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