Page 4 - Nifty Bank Index

Nifty Bank eyes bullish breakout on charts; check support, target and more

The Nifty Bank Index remains range-bound between 52,577 and 51,000, but recent indicators suggest a positive outlook with yesterday's strong close signaling a potential breakout on the upside

Nifty IT shows bearish signals with room for more corrections; details

The Nifty IT Index has shown signs of weakness, recently experiencing a breakdown on the charts.

Nandish Shah of HDFC Sec suggests 'Bear Spread' strategy on Bank Nifty

Short build up is seen in the Bank Nifty Futures, where we have seen 6 per cent rise in the open interest with Bank Nifty falling by 1 per cent.

Nifty Bank, Private Bank: Buy on dips strategy suggested, keys levels here

The Nifty Bank Index is positioned near its key support levels, making this an ideal time to adopt a "buy on dips" strategy.

Nifty Bank in overbought zone; Pvt Bank on the cusp of breakout; details

The Nifty Bank Index has entered the overbought zone according to technical indicators, signalling a potential near-term correction.

Nifty PSU Bank declines 2% amid Vodafone Idea's AGR concerns

Analysts link the index's decline to a major drop in Vi's stock price after the SC rejected telecom companies' plea to re-evaluate AGRs, while also affirming the govt's existing AGR demands.

Trading Strategy: Nifty Bank, Private Bank show bullish trend; key levels

The Nifty Private Bank Index is currently experiencing a strong bullish trend, with significant gains recorded over the past fortnight

Market today: Nifty eyes gap-up; CPI, Shree Tirupati IPO listing in focus

Share market today, Sept 12: Indian investors will keep an eye out for the release of India's Index of Industrial Production (IIP) for July and inflation data for August today

Here's how to trade Nifty Bank, Private Bank today; key levels here

The Nifty Bank Index is currently range-bound between the levels of 51,375 and 51,175. A breakout or breakdown from this range will likely trigger momentum in the respective direction.

Sebi to tighten derivative rules to increase barriers despite pushback

'The regulator believes that this warrants additional measures both for small investor protection and for ensuring continued systemic stability,' the source added

Nifty Bank & Private Bank: Check support, resistance and other details here

The Nifty Bank Index is currently exhibiting a bullish trend on the charts, suggesting a positive outlook for the near term.

Nifty Bank to outperform in near term; tech charts show upside till 52,500

Technical indicators such as MACD (Moving Average Convergence Divergence) and Moving Averages also support the expectation that the index will outperform in the near term

Nifty Bank shows bearish trend on charts; time to sell? What analysts say

The Nifty Bank Index is currently exhibiting a bearish trend on the charts. Given this downtrend, the recommended trading strategy for the near term is to sell on any upward movement in the index

Rupee rises 4 p to 83.62 against US dollar in early trade ahead of Budget

The rupee appreciated 4 paise to 83.62 against the US dollar in early trade on Tuesday, ahead of the Budget presentation. Forex traders said the local currency gained strength as crude oil prices and the American currency retreated from their elevated levels. Moreover, foreign fund inflows also supported the rupee. At the interbank foreign exchange market, the local unit opened at 83.64, and touched an early high of 83.62, registering a gain of 4 paise from its previous close. On Monday, the rupee consolidated in a narrow range to settle 4 paise higher at 83.66 against the American currency. Forex traders said marketmen will closely watch the Union Budget for further cues on fiscal deficit, capital expenditure, tax revenue and GST among others. Finance Minister Nirmala Sitharaman will present her 7th straight Budget that would lay a roadmap for Viksit Bharat (developed India) by 2047, while giving a glimpse of 10 years' performance. The Indian rupee has been down as dollar buying

F&O Alert: M&M, Shriram Finance see short buildup; Manappuram, Sun Tv long

F&O stock watch: Shares of Mahindra & Mahindra and Shriram Finance face up to 15 per cent downside risk; whereas, Manappuram Finance and Sun Tv can potentially gain up to 13 per cent.

Nifty Fin Svcs eyes breakout, PSU Banks attractive on dips; key levels here

The Nifty Financial Services Index is currently trading at 23,586.75 and is showing a range-bound pattern on the charts

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Jio Financial, Zomato, and Trent could replace LTIMindtree and Divi's Laboratories

Nifty Bank derivative strategy: Check these key levels before investing

RSI Oscillator is sloping upwards and placed above 60 on the daily and weekly chart, suggesting strength in the current up move, says HDFC Securities

Sensex hits 78,000: 3 reasons that led to 712-pts rally on BSE benchmark

The NSE Nifty crossed the 23,700 level for the first-time ever; while the Nifty Bank index zoomed past 52,700 levels.

Sell Nifty Financial Services on the rise; resistance at 23,425

The Nifty Financial Services Index is currently trading at 23,071.25. The index is displaying a range-bound pattern on the charts, with a defined range between 23,200 and 22,800