Bank Nifty Chart Insights

[AngelOne]

23 October, 2025, Bank NIFTY Chart Insight

Bank Nifty Hits All-Time High, Retreats on Profit Booking

• Intraday Volatility: The Bank Nifty hit a new all-time high of 58,577.5 before witnessing a significant cool-off due to profit booking.
• Final Close: Despite the sharp retreat, the index managed a positive close at 58,078, registering a minimal gain of just 70 points.
• Major Drag: Heavy selling was concentrated in large lenders, with ICICI Bank and Bank of Baroda emerging as top losers, both dropping over 1% each.
• Index Support: The index was held up by the strength in key private banks, as Axis Bank, Kotak Bank, and IDFC First Bank provided crucial support, ending as top gainers.

[AngelOne]

24 October, 2025, Bank NIFTY Chart Insight

• Bank Nifty came under profit-taking pressure after testing a fresh all-time high in the previous session.
• The index retraced to the 23.6% Fibonacci level before recovering over 200 points from the day’s low.
• Only ICICI Bank and Federal Bank managed to close in the green, while Kotak and Axis Bank led the losers.
• Over 80% of Bank Nifty stocks continue to trade above their 10, 20, 50, and 100 EMA levels, reflecting overall strength.
• Focus now shifts to Kotak Bank’s Q2 results , scheduled for October 25 , which could drive sentiment on Monday .

[AngelOne]

27 October, 2025, Bank NIFTY Chart Insight

• Bank Nifty surged over 400 points, closing well above the 58,000 mark, reaffirming strong bullish momentum.
• The index now trades just a stone’s throw away from its all-time high, highlighting sustained strength in the banking space.
• Market breadth stayed firm — 10 stocks closed in green, while only 2 ended in red, reflecting broad-based participation.
• BoB and Canara Bank rallied over 3%, while Federal Bank and PNB gained more than 2%, leading the PSU and mid-tier banking pack.

[AngelOne]

28 October, 2025, Bank NIFTY Chart Insight

• Strong Rebound: Bank Nifty staged a sharp recovery after a weak first half, forming a long lower wick and closing at its all-time highest closing level .
• Momentum Check: RSI at 72 indicates the index has entered overbought territory , calling for slight caution among bulls.
• Stock Action: IndusInd Bank led the gains with a 3%+ rally , providing major support to the index.
• Lagging Banks: Axis Bank and ICICI Bank were the only two decliners among the 12 constituents, each slipping over 0.5% .

[AngelOne]

29 October, 2025, Bank NIFTY Chart Insight

Bank Nifty Hits Record Close!

Ends at an all-time high on closing basis, extending its bullish streak.
Witnessed strong long build-up with over 13% rise in open interest.
Futures gained 271 pts vs 100 pts in spot, reflecting aggressive long positions.
Formed a long lower wick, while RSI at 74 signals overbought conditions — a bit of caution for bulls.

[AngelOne]

30 October, 2025, Bank NIFTY Chart Insight

Bank Nifty tanks 354 pts — worst close in 3 sessions

• Index slipped sharply, ending 354 pts lower, marking its weakest finish in three sessions.
• Trading volumes stayed above the 20-day average, reflecting heightened activity.
• Long unwinding seen with over 1.5% drop in OI, signalling profit booking by bulls.
• Canara Bank stood as the sole gainer (+3%), while all other 11 stocks ended in red, led by Bank of Baroda as the top loser.

[AngelOne]

31 October, 2025, Bank NIFTY Chart Insight

Bank Nifty slips lower, ends month on mixed note

Failed to sustain above 58,000–58,200 zone, forming a bearish red candle with a long upper shadow.
Posted the weakest close in 5 sessions, though volumes were lighter compared to recent days.
Heavyweights — HDFC Bank, ICICI Bank, and Kotak Bank - fell over 1% each, dragging the index, while IDFC First Bank, Canara Bank, and PNB emerged as top gainers.
Despite today’s fall, Bank Nifty rose over 5% in October, forming a strong bullish candle on the monthly chart.
On the monthly timeframe, the index confirmed a breakout and recorded its best-ever monthly close, indicating strength in the broader trend.

[AngelOne]

3 November, 2025, Bank NIFTY Chart Insight

• Bank Nifty zoomed over 300 points , eyeing a strong triangle breakout on charts.
• PSU Bank Index rallied 1.9% , extending its leadership in the banking pack.
• Bank of Baroda topped the charts, surging over 4% post strong Q2 earnings.
• Barring AU Small Finance Bank , all major banking stocks ended the session higher.

[AngelOne]

6 November, 2025, Bank NIFTY Chart Insight

• Bank Nifty slipped 273 pts , forming a long upper wick and a large bearish candle on the daily chart, reflecting strong selling pressure.
• The index closed below key support at 57,800–57,700 , marking its worst close in 13 sessions .
• Open interest surged over 7% , pointing to fresh short build-up and rising bearish sentiment.
• Among components, Federal Bank, ICICI Bank, and IDFC First Bank fell over 1% each , while PNB dropped more than 2% .

[AngelOne]

7 November, 2025, Bank NIFTY Chart Insight

• Bank Nifty Rebounds Strongly
• Index rebounded sharply from lows, closing 300+ pts higher.
• Long build-up seen with volumes 75% above the previous session.
• 9 of 12 stocks closed in green; AUBank, ICICI Bank, and PNB gained over 1.5% each.
• SBIN slipped 0.62%, emerging as the top loser in the pack.