Bank Nifty Chart Insights

AngelOne · July 8, 2025, 11:49am

8 July 2025- Bank Nifty Chart Insight

Banking index rebounds over 300 points , finding firm support at the 10 EMA after early-session rejection, signaling strength at lower levels.
Bank Nifty inches closer to record high , now just over 0.5% away from its all-time peak.
Stock breadth leans positive , with 6 of 12 Bank Nifty constituents ending in the green;
Kotak Bank outperformed with a 6% rise in open interest and a 3.45% price gain.
Technical structure remains bullish , as 8 stocks trade above their 10 EMA, 10 above the 20 EMA, and all 12 continue to hold above the 50 EMA.

P73405 · July 9, 2025, 4:05am

thanks for the insights

AngelOne · July 9, 2025, 12:05pm

Bank Nifty continued its strong uptrend, now trading just a stone’s throw away from its all-time high.
The index rejected intraday weakness, forming a lower wick and outperforming the Nifty 50 benchmark.
In terms of EMA structure, 46% of Bank Nifty stocks are above the 5 EMA, 60% above the 10 and 20 EMA, while over 90% are trading above the 50, 100, and 200 EMA levels, reflecting strong breadth.
Among individual stocks, AU Bank emerged as the top gainer, while IndusInd Bank was the biggest loser in price terms.

(Source- Tradingview)

AngelOne · July 10, 2025, 11:32am

Bank Nifty extended its decline, shedding over 250 points , as it broke below a key trendline support, accompanied by a 1% drop in open interest , signaling clear signs of long unwinding .
Market breadth was notably weak , with only IndusInd Bank and AU Small Finance Bank managing to close in the green, highlighting sector-wide pressure.
On the downside, PSU banks bore the brunt , with PNB, Canara Bank, and Bank of Baroda each declining over 1.3%, emerging as the top laggards.
From a structural standpoint, short-term momentum is fading , as just 31% of Bank Nifty constituents trade above the 5 EMA , and 38% above the 10 EMA .
However, the medium- to long-term setup remains constructive, with 62% above the 20 EMA , 85% above the 50 EMA , and over 92% holding firm above the 100 and 200 EMA levels .

AngelOne · July 11, 2025, 12:00pm

Bank Nifty extended its losing streak, shedding another 200 points and closing below its 10-day EMA, signalling continued short-term pressure.
The index, however, managed to hold marginally above its 20-day EMA, offering a modest cushion amid broader weakness.
Market breadth remained narrow, with only 5 of the 12 index constituents ending in the green.
Axis Bank and IndusInd Bank led the gainers with gains of 0.84% and 0.64%, while notable drags included IDFC First Bank (-1.83%), Federal Bank (-1.71%), and heavyweight HDFC Bank, which slipped over 1%.
Technically, just 21% of Bank Nifty stocks are trading above their 10-day EMA, while 62% remain above the 20-day EMA—highlighting persistent short-term weakness despite intermediate support

AngelOne · July 14, 2025, 12:14pm

The Banking index ended flat, consolidating near its 20 EMA, signaling a pause around key support levels.
Open interest rose over 2%, indicating a fresh round of long buildup.
The index now trades just 1.5% below its all-time high, keeping the broader bullish structure intact.
Most banking stocks closed in the green, with over 90% holding above their 50 EMA, highlighting underlying strength.
Among movers, Canara Bank and Federal Bank gained over 1.5% each, while Axis Bank declined 1.77%

AngelOne · July 15, 2025, 12:09pm

Bank Nifty gained over 240 points , snapping a 3-day losing streak and closing above its 10- and 20-day EMAs for the first time in three sessions; RSI stands at 57.
The index is now trading less than 1.5% away from its all-time high , maintaining bullish undertones.
9 out of 12 banking stocks ended in the green , with IndusInd Bank leading the pack , gaining nearly 5% in the last 4 sessions and forming a Three White Soldiers bullish pattern on the daily chart.
IDFC First Bank was the top loser in the pack.
EMA Check: 69% of Bank Nifty stocks are above their 5 EMA, 77% above 20 EMA, and over 90% trading above 50 EMA — reflecting strong underlying momentum.