NIFTY 22643.40 BANK 49424.05

BANK NIFTY
Share Price Analysis

INDEXNSE

BANKNIFTY BANKNIFTY

Positive

Direction

48359.90

Open

48201.05

Close

49473.60

High

48342.70

Low

49473.60

52 Week High

49424.05⇧
1223.00 (2.54%)

BANKNIFTY

(29 Apr, 2024 15:59)
95.6% Momentum

Extremely Strong Uptrend

42105.40

52 Week Low

2.34%

YTD

47528

30_Day AVG

47244

50_Day AVG

46009

150_Day AVG

45741

200_Day AVG

Extremely Strong Uptrend

#Analysis

INDEXNSE: BANKNIFTY Share Price Today (Apr 29, 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 (Apr 29, 2024)

(BANK NIFTY Daily Analysis on the basis of BANKNIFTY Intraday Graph & Trend)

BANK NIFTY share price moved Up by 2.54% from its previous close of Rs 48201.05. BANKNIFTY stock last traded price is 49424.05 as on 29 Apr, 2024 15:59. It has touched an intraday high of Rs 49473.60 and an intraday low of Rs 48342.70. The BANKNIFTY trading at 49424.05, Up by Rs. 1223.00, or 2.54 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 46980.

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 2.54%. BANKNIFTY share price short term trend is Up. It suggests that BANKNIFTY Share Price for Tomorrow remains the same with VWAP at 46980 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

 49424.05

NIFTY BANK Share Price Target Prediction for 2024^

 43091 - 50631

NIFTY BANK Share Price Target Prediction for 2025^

 48515 - 53112

NIFTY BANK Share Price Target Prediction for 2026^

 53112 - 54355

NIFTY BANK Share Price Target Prediction for 2030^

 55627

^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: @47773.2

BANKNIFTY Moving Averages

BUY (10) NEUTRAL (0) SELL (4)
MA Simple Action S1 Expo Action E2
MA_5 48527.3 SELL 48292.9 SELL
MA_12 47880.7 SELL 47981.7 SELL
MA_20 47432.7 BUY 47730.8 BUY
MA_32 47286.1 BUY 47402.3 BUY
MA_50 46886.7 BUY 47154.1 BUY
MA_100 46998 BUY 46689.4 BUY
MA_200 45615.7 BUY 45486.6 BUY

BANKNIFTY Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 47432.7 Uptrend
MACD 82.32 BUY
ADX 18.23 NO or Weak Trend
DMI (+/-) 26.01 / 23.97 Uptrend

BANKNIFTY Momentum Oscillators

BUY (2) NEUTRAL (6) SELL (4)
Momentum Oscillators Value Action
RSI 52.94 Neutral
STOCHASTIC_K (Fast) 17.4 Oversold
STOCHASTIC_D (Slow) 59.03 Neutral
CCI 12.83 Neutral
PSAR 47675.1 BUY
TRUE RANGE 838.75 SELL
ATR 546.97 SELL
WILLIAMS R -50.79 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 33.33 Neutral
MOMENTUM 490.85 BUY

BANKNIFTY Last 1 Year Trend

Duration Value
1 Year 15.49%
3 Months 1.12%
1 Month 1.04%
1 Week -1.48%

BANKNIFTY Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 50%
NEUTRAL / HOLD 23%
SELL 27%

INDEXNSE: BANKNIFTY Index Composition

List of Top 12 Banking Stocks


Company Price Change %
AU Small Financ 637.95 38.15 6.36%
Axis Bank 1159.25 28.95 2.56%
Bandhan Bank 183.90 -0.30 -0.16%
Bank of Baroda 272.60 4.55 1.70%
Federal Bank 160.45 3.35 2.13%
HDFC Bank 1529.50 19.70 1.30%
ICICI Bank 1160.15 52.25 4.72%
IDFC First Bank 81.65 -3.15 -3.71%
IndusInd Bank 1487.25 40.85 2.82%
Kotak Mahindra 1640.40 31.90 1.98%
PNB 137.25 0.80 0.59%
SBI 826.50 25.20 3.14%
Updated at: 29 Apr, 2024 15:59

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SITEMAP 3259
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