Bank Nifty Analysis for January 1, 2025
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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