rajanbit1

rajanbit1

Bank Nifty is consolidating in a tight range between 54,000–56,000 . A sustained breakout above 56K can trigger a bullish rally, while a break below 54K may lead to a healthy correction towards 51,200, which coincides with the 200-day moving average and a gap zone (51,800–51,200). Key levels are aligned with both price structure and long-term indicators—worth...

rajanbit1

📊 Nifty 50 Daily Chart Analysis **Chart Summary (as of May 13, 2025):** 1. **Index Price:** Nifty 50 is trading around **24,683.90**, showing a significant drop of **-346.35 points (-1.39%)**. 2. **Trendlines:** * A **long-term downtrend line** has been broken recently, indicating a **bullish breakout**. * Post-breakout, the price formed an...