Daily
52 Weeks
Daily Low
Daily High
0.00
0.00
Open
0.00
Prev.Close
0.00
Volume
0
Short term - Technical Outlook
Bank Nifty is currently trading within a broken ascending pattern on the 15-minute chart, while the daily timeframe continues to reflect a bullish structure, indicating the possibility of further upside in the coming months. The index has immediate support in the 54,530–54,470 range, and a decisive break below this level could trigger fresh selling pressure. In the previous session, Bank Nifty closed at 55,828, gaining 114 points. For today, intraday momentum is likely to build above the 55,820 mark, while weakness may emerge if the index slips below 55,600. Holding above 55,750 is expected to keep the bullish sentiment intact.
On the news front, banking stocks continue to exhibit strength despite global uncertainties. The U.S. Federal Reserve kept interest rates steady at 4.50% as expected, while signaling a cautious stance on future rate cuts. This, coupled with strong domestic flows, is supporting sentiment in the financial space. Leading private banks like HDFC Bank and ICICI Bank have remained key contributors to the recent gains.
From a fund flow perspective, FIIs were net buyers, investing ?890 crore, while DIIs extended strong support with net purchases of ?1,091 crore, providing further stability to the index.
Short term Research Report Call
Buy Above: 55,930 | Targets: 56,200, 56,400, 56,650 | Stop-loss: 55,730
Sell Below: 55,600 | Targets: 55,400, 55,100, 54,800 | Stop-loss: 55,800
Short term Chart
Long term - Technical Outlook
Bank Nifty took support from the lower levels and is now attempting to make new highs in the coming days. Holding above 55,000 could provide additional support to Bank Nifty. Technically, staying above 55,000 may help maintain a positive sentiment for the Indian market. However, a break below 54,500 could turn unfavorable for Bank Nifty and trigger weakness.
Long term Research Report Call
Buy Above: 55,800 | Targets: 56,300 – 56,800 | Stop-loss: 55,500
Sell Below: 54,300 | Targets: 53,700, 52,600 | Stop-loss: 54,700
Long term Chart
June 18th 2025
Resistance 56,000
Support 55,500
Particular
FIIs
DIIs
Net Purchase/ Sales (Cr)
27 May 2025
+1,482
+8,207.19
MTD-May (Cr)
June
-5,869.04
+58,138.87
Indian equity benchmarks opened on a weak note on Wednesday, June 18, following a sharp gap-down start. However, the indices staged a strong intraday recovery, with the Sensex rebounding over 550 points from the day’s low and the Nifty reclaiming the crucial 24,900 mark after briefly slipping below 24,800. The rebound was supported by renewed buying interest in major sectors, helping the indices recover from early losses. Despite the bounce, some pressure remained due to weakness in the banking space.
Sectorally, the market saw broad-based buying, with all major sector indices trading in positive territory. The auto sector led the gains with over 1% rise, followed by strength in financial services, FMCG, pharma, and realty. The broader markets also supported the upmove, with midcap and smallcap indices trading in the green. Market breadth was positive in early trade, indicating widespread participation across sectors and stock categories.
Global sentiment, however, remained cautious. Tensions in the Middle East escalated further with renewed missile exchanges, pushing crude oil prices to a five-month high. Asian markets traded mixed amid concerns that further escalation could lead to broader geopolitical and economic risks. Despite the uncertain global backdrop, domestic markets found support from selective buying, contributing to the strong intraday reversal.
June 19th 2025
USA
19th June
USA
19th June
UK
18th June
GERMAN
18th June
Singapore
19th June
Japan
19th June
China
19th June
USA
19th June
March 20th 2025
BHARTIARTL | 1,704 66.85 4.08 |
TITAN | 3,183.05 106.75 3.47 |
EICHERMOT | 5,234 133.1 2.61 |
BAJAJ-AUTO | 7,920 198.15 2.57 |
INDUSINDBK | 685 -7.7 -1.11 |
BAJFINANCE | 8,680 -51.6 -0.59 |
TRENT | 5,215 -15.85 -0.3 |
SHRIRAMFIN | 666.3 -1.65 -0.25 |
Check live levels for all scripts
Buy Above
55825.54
R1
55918.33
R2
56015.35
R3
56188.29
Stop Loss
55715.87
Pivot
55758.05
(All values are in INR)
Sell Below
55690.56
S1
55597.77
S2
55500.75
S3
55327.81
Stop Loss
55800.23
R4 | R3 | R2 | R1 | Pivot | S1 | S2 | S3 | S4 | |
Classic | 56672.35 | 56426.10 | 56179.85 | 56004.30 | 55758.05 | 55582.50 | 55336.25 | 55160.70 | 54985.15 |
Woodie | 57041.13 | 56461.45 | 56197.52 | 56039.65 | 55775.72 | 55617.85 | 55353.93 | 55196.05 | 54510.33 |
Camarilla | 56060.74 | 55944.74 | 55906.08 | 55867.42 | 55758.05 | 55790.08 | 55751.42 | 55712.76 | 55596.76 |
Bullish
Bearish
EMA
SMA
5 Day
47769.82
10 Day
45984.99
20 Day
44978.66
50 Day
43716.14
100 Day
42744.26
200 Day
41456.91
Stoch RSI
25.59
ROC
-0.04
Ultimate
45.54
Williams
-77.47
CCI
-33.20
Stochastic
29.97
RSI
49.27
Bullish
0
Bearish
1
Neutral
6
ATR
404.16
Low Volatility
MACD
648.15
Bullish
Bullish
1
Bearish
0
Neutral
0
Check all stocks
Stock Name | CMP | Change (%) | Market Cap (Cr.) | Sector | Piotroski Score |
HDFCBANK | 1935.3 | 0.0724 | 1482897.86 | Banks | 3 / 9 |
HDFCBANK | 604.5 | 1.0616 | 1482897.86 | Banks | 3 / 9 |
ICICIBANK | 1411.3 | -0.092 | 1008235.39 | Banks | 8 / 9 |
SBIN | 785.1 | -0.8587 | 706606.8 | Banks | 5 / 9 |
KOTAKBANK | 2146.4 | 0.6565 | 424159.085 | Banks | 6 / 9 |
Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.
Analyst Certification: I/We, Ayushi Jain Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-201900015194.