Quote on Bank Nifty 24th September 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

2026-09-24 05:45:54 pm | Source: LKP securities Ltd

Quote on Bank Nifty 24th September 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Bank Nifty 24th September 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

"Bank Nifty has witnessed a consolidation breakdown with a gap-down opening on the daily chart, breaching the crucial 55,800–56,000 support zone. A follow-up move below 56,000 will be important to confirm further downside momentum. Hence, index traders can maintain a sell-on-rise approach as long as Bank Nifty sustains below the 57,000 level. However, follow-up selling remains crucial for confirmation. On the downside, the next support is placed near 55,200, where the 100-SMA on the weekly chart is placed, while resistance is seen at 56,000–56,200."

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Quote on Bank Nifty 24th September 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

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