Nifty Bank Index
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Banknifty Intraday Analysis for 07th August 2025

20
BANKNIFTY

Index has resistance near 55800 – 55900 range and if index crosses and sustains above this level then may reach near 56400– 56500 range.

Banknifty has immediate support near 55000 - 54900 range and if this support is broken then index may tank near 54500 - 54400 range.

Volatility expected due to probable tariff escalation from the US President on imports from India.
交易结束:到达目标
Gap down opening and further tank to low near 54975 then bounced to make high near 55615 and closed near 55520.

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