MoneyA data-driven read of the Bank Nifty index — price trend, momentum, key levels and market context, with a transparent confidence score. Educational analysis, not investment advice.
Bank Nifty Index
56,295.55
▼ -482.05 (-0.85%)
MoneyPuran Market View · Swing
Moderately Bearish
66/100 model confidence
Price trend18
Momentum28
Volume38
Support / resistance48
Market trend47
Sector strengthno data
Options datano data
Newsno data
Fundamentalsno data
Why moderately bearish?
- Price is below all of its key moving averages — a weak trend structure.
- RSI at 35.9 reflects soft momentum.
- MACD is bearish.
- Nearby support sits near 56,023.60 and resistance near 56,523.78.
- The broad market is neutral (Nifty -1.46%).
- ADX at 8 points to a weak or rangebound trend.
- Price is within 0.41% of resistance, capping near-term upside.
Auto-generated from the computed indicators — price trend, momentum, volume, key levels and market context. Not a recommendation.
Key levels
| Resistance | 57,074.90 | +1.4% |
| Resistance | 56,823.20 | +0.9% |
| Resistance | 56,523.78 | +0.4% |
| Current | 56,295.55 | — |
| Support | 56,023.60 | −0.5% |
| Support | 55,536.80 | −1.3% |
| Support | 54,393.75 | −3.4% |
Scenarios
BullishSustained close above 56,523.78 with above-average volume → 56,806.40-56,823.20
NeutralPrice holds the 56,023.60-56,523.78 range
BearishBreak below 56,023.60 with follow-through selling → 55,536.80-55,743.48
Technical
| RSI (14) | 35.9 |
| MACD | Bearish |
| ADX | 8 (weak) |
| Stoch RSI | 0 |
| CCI (20) | -275.1 |
| EMA 20 | 57,294.78 ▼ |
| EMA 50 | 57,248.27 ▼ |
| SMA 200 | 57,400.98 ▼ |
| Rel. volume | 1.1× |
| ATR (14) | 524.27 |
Market context
| Regime | Neutral |
| Nifty today | -0.86% |
| India VIX | 11.92 (calm) |
| Global | Wall Street closed lower overnight |
| 1-month | -2% |
| 1-year | +3.8% |
Price chart
Bank Nifty
Candles & volume from exchange data (Yahoo Finance), cached and possibly delayed. Bullion is the international price converted to an indicative INR rate. Not investment advice.
Analysis and educational information based on delayed market data. Not personalised investment advice. Consult a SEBI-registered adviser before investing. Futures and options carry substantial risk; scenarios are analytical possibilities, not guaranteed outcomes.
Disclaimer: MoneyPuran is a financial news and educational portal. Not SEBI-registered investment advice. Nothing here is a recommendation to buy or sell any security; figures may be delayed. Consult a SEBI-registered investment adviser before acting.