Today, Bank Nifty is expected to open flat near the 55600 zone. If it sustains above the 55550–55600 range, a bullish rally may continue with upside targets at 55750, 55850, and 55950+.
Further breakout above 56050 could trigger strong momentum toward higher targets of 56250, 56350, and 56450+.
On the downside, if Bank Nifty slips below the 55450–55400 level, a bearish move may unfold with downside targets at 55250, 55150, and 55050.
Further breakout above 56050 could trigger strong momentum toward higher targets of 56250, 56350, and 56450+.
On the downside, if Bank Nifty slips below the 55450–55400 level, a bearish move may unfold with downside targets at 55250, 55150, and 55050.
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