BANK NIFTY
Share Price Analysis
INDEXNSE
BANKNIFTY
Direction
Open
Close
High
Low
52 Week High
762.50 (1.51%)
BANKNIFTY
(22 Nov, 2024 16:10)Very Strong Uptrend
52 Week Low
YTD
30_Day AVG
50_Day AVG
150_Day AVG
200_Day AVG
Very Strong Uptrend
#Analysis
INDEXNSE: BANKNIFTY Share Price Today (Nov 23, 2024)
Bank Nifty index composition consists of 12 most liquid and large cap stocks from the banking sector which trade on the NSE.
It provides investors a benchmark that captures the capital market performance of Indian banking sector.
Now, the main question is whether to BUY or SELL, INDEXNSE:BANKNIFTY at current valuation.
INDEXNSE: BANKNIFTY Share Price Today (Nov 23, 2024)
(BANK NIFTY Daily Analysis on the basis of BANKNIFTY Intraday Graph & Trend)
BANK NIFTY share price moved Up by 1.51% from its previous close of Rs 50372.90. BANKNIFTY stock last traded price is 51135.40 as on 22 Nov, 2024 16:10. It has touched an intraday high of Rs 51271.50 and an intraday low of Rs 50508.25. The BANKNIFTY trading at 51135.40, Up by Rs. 762.50, or 1.51 percent which suggests that most of the traders are anticipating that the price of BANKNIFTY Index should go Up and the Stop Loss will be around 49610.
INDEXNSE: BANKNIFTY Share Price Tomorrow Prediction
(BANK NIFTY Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BANKNIFTY)
BANK NIFTY share price moved Up by 1.51%. BANKNIFTY share price short term trend is Up. It suggests that BANKNIFTY Share Price for Tomorrow remains the same with VWAP at 49610 will be treated as stop loss for intraday traders. BANK NIFTY Long term investors can follow the BANKNIFTY long term trend as mentiond in future forecast table.
BANK NIFTY NSE Code |
INDEXNSE: NIFTY BANK |
NIFTY BANK Share Price Today |
51135.40 |
NIFTY BANK Share Price Target Prediction for 2024^ |
45777 - 57675 |
NIFTY BANK Share Price Target Prediction for 2025^ |
51756 - 56660 |
NIFTY BANK Share Price Target Prediction for 2026^ |
56660 - 59997 |
NIFTY BANK Share Price Target Prediction for 2030^ |
63531 |
^NIFTY BANK share price target prediction for 2024 2025 2026 & 2030 is based on current market scenario & growth assumptions, they might change subject to market sentiments.
BANKNIFTY Technical Analysis
Candlestick Pattern: @50179.6MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 50972.7 | SELL | 50792.4 | SELL |
MA_12 | 51522.9 | SELL | 51268.8 | SELL |
MA_20 | 51496.4 | SELL | 51419.7 | SELL |
MA_32 | 51617.5 | SELL | 51559.4 | SELL |
MA_50 | 51892.6 | SELL | 51579.9 | SELL |
MA_100 | 51591.8 | SELL | 51312.6 | SELL |
MA_200 | 49750.3 | BUY | 49915.6 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 50273.2 | OverSold |
MACD | -148.02 | SELL |
ADX | 21.26 | NO or Weak Trend |
DMI (+/-) | 12.89 / 31.28 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 39.1 | Neutral |
STOCHASTIC_K (Fast) | 7.67 | Oversold |
STOCHASTIC_D (Slow) | 12.37 | Oversold |
CCI | -208.72 | SELL |
PSAR | 52442.2 | SELL |
TRUE RANGE | 622.45 | SELL |
ATR | 789.18 | SELL |
WILLIAMS R | -89.37 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 6.76 | Oversold |
STOCHASTIC RSI D | 2.25 | Oversold |
MOMENTUM | -1621.5 | SELL |
Duration | Value |
---|---|
1 Year | 14.05% |
3 Months | 0.7% |
1 Month | -3.13% |
1 Week | -3.35% |
Action | Overall (%) |
---|---|
BUY | 7% |
NEUTRAL / HOLD | 10% |
SELL | 83% |
INDEXNSE: BANKNIFTY Index Composition
List of Top 12 Banking Stocks
Company | Price | Change | % |
---|---|---|---|
AU Small Financ | 595.70 | 1.80 | 0.30% |
Axis Bank | 1142.40 | 3.25 | 0.29% |
Bank of Baroda | 236.00 | 7.50 | 3.28% |
Canara Bank | 97.01 | 2.55 | 2.70% |
Federal Bank | 209.37 | -1.51 | -0.72% |
HDFC Bank | 1745.60 | 4.40 | 0.25% |
ICICI Bank | 1278.05 | 27.50 | 2.20% |
IDFC First Bank | 64.15 | 1.21 | 1.92% |
IndusInd Bank | 998.20 | 16.75 | 1.71% |
Kotak Mahindra | 1761.45 | 24.35 | 1.40% |
PNB | 99.82 | 3.45 | 3.58% |
SBI | 816.05 | 35.30 | 4.52% |