Bank Nifty Analysis for January 1, 2025
The Bank Nifty is expected to trade within a sideways range of 50,822 to 50,950. A breakout above 50,950 could indicate bullish momentum, with a potential upside target of 53,700. Conversely, a breakdown below 50,655 may signal bearish pressure, with a downside target of 49,825. Traders are advised to monitor these key levels closely for actionable opportunities.
The Bank Nifty is expected to trade within a sideways range of 50,822 to 50,950. A breakout above 50,950 could indicate bullish momentum, with a potential upside target of 53,700. Conversely, a breakdown below 50,655 may signal bearish pressure, with a downside target of 49,825. Traders are advised to monitor these key levels closely for actionable opportunities.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.