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
Why neutral?
- Price is below all of its key moving averages — a weak trend structure.
- MACD is bullish and rising.
- Nearby support sits near 56,430.35 and resistance near 56,573.45.
- The broad market is neutral (Nifty +0.01%).
- ADX at 18.3 points to a weak or rangebound trend.
- Price is within 0.15% 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 | 57,117.85 | +1.1% |
| Resistance | 56,835.95 | +0.6% |
| Resistance | 56,573.45 | +0.2% |
| Current | 56,487.75 | — |
| Support | 56,430.35 | −0.1% |
Scenarios
Technical
| RSI (14) | 47.1 |
| MACD | Bullish, rising |
| ADX | 18.3 (weak) |
| Stoch RSI | 95.8 |
| CCI (20) | -26.2 |
| EMA 20 | 56,506.08 ▼ |
| EMA 50 | 56,640.89 ▼ |
| ATR (14) | 96.21 |
Market context
| Regime | Neutral |
| Nifty today | +0.01% |
| India VIX | 11.77 (calm) |
| Global | Wall Street closed lower overnight |
| 1-month | +-0% |
| 1-year | -1.5% |
Price chart
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.
Candlestick: Doji — treated as confluence, not a standalone signal.
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.