### **Bank Nifty Long Position Strategy**
Bank Nifty has achieved an hourly close above the critical resistance level of **52,550**, signaling a potential shift in momentum toward bullish territory. Sustaining a close above this level further strengthens the bullish outlook, while a close below **52,000** would negate this view. The focus now shifts to the...
Bank Nifty demonstrates potential for upward movement if it sustains above 52,250 for at least 15 minutes. In such a scenario, the initial target is 52,550, with a subsequent target of 52,750. These levels align with key resistance zones and present an opportunity for traders to capitalize on bullish momentum.
To manage risk effectively, the recommended stop-loss...
If Bank Nifty holds below 51100 for a sustained 15 minutes, it signals potential further weakness. Upon recursive analysis, this setup suggests that if bearish sentiment persists, it could drive prices lower before an upward move. In the first pass, staying below 51100 confirms weak support, while in the second pass, pressure to dip could increase, building...
Bank Nifty has fallen below the significant support level of **51,775**, remaining below this threshold for over 15 minutes. This suggests a potential continuation of bearish momentum in the short term. We are now focusing on the following key support levels:
1. **First Support Target - 51,325**
If the downtrend persists, Bank Nifty could initially test the...
