Bank Nifty prediction today

BANK NIFTY

As on 21 Apr, 2025 03:49pm.

Loading...

0.00 (0.00%)

*As mandated by Exchange & other statutory authorities, the data feeds are delayed by 15 mins.

Range

Daily

52 Weeks

Daily Low

Daily High

0.00

0.00

Open

0.00

Prev.Close

0.00

Volume

0

Short term - Technical Outlook
Bank Nifty closed at 54,290, up by 1,172 points in the latest session, indicating strong buying interest in the banking space. If it holds above 54,000, further momentum can be expected toward higher levels. Conversely, a break below 54,020 may trigger additional downside pressure.

The recent rally was supported by strong Q4 results from HDFC Bank, which posted a 6.7% YoY rise in net profit and a 10% increase in Net Interest Income (NII). The results boosted sentiment across the banking sector, adding strength to the uptrend in Bank Nifty.

FIIs were net buyers in the Indian equities for the third consecutive session, purchasing 4,667 crore, while DIIs were net sellers, offloading 2,006 crore. The comeback of foreign institutional buying is providing strong support to banking and broader indices. However, on a monthly basis, FIIs have sold 19,971 crore, while DIIs have bought 21,117 crore, showing that domestic flows are also stabilizing the trend.

Global cues remain mixed, with US markets closing lower due to inflation worries and tightening by the Fed. Meanwhile, rising tensions in China-US trade relations are contributing to broader market volatility. Despite global uncertainties, Indian banks continue to show resilience, backed by improving earnings and consistent FII inflows.
Short term Research Report Call
Buy Above: 54,500 | Targets: 54,700, 54,950, 55,500 | Stop-loss: 54,200
Sell Below: 54,000 | Targets: 53,640, 53,350, 52,830 | Stop-loss: 54,200
Short term Chart

Long term - Technical Outlook
Bank Nifty is trading within a descending channel on the 4-hour chart, closing the last session at 54,290, up by 1,172 points. Technically, holding above 54,374 could be positive for the Indian market. A strong close above the 54,500 level could lead to further upside.
Long term Research Report Call
Buy Above: 54,500 | Targets: 55,000, 55,500 | Stop-loss: 54,200
Sell Below: 48,300 | Targets: 48,000, 47,600 | Stop-loss: 48,600
Long term Chart

Market View

April 16th 2025

Market View

Resistance 53,000

Market View

Support 52,500

FII & DII Activities

Particular

FIIs

DIIs

Net Purchase/ Sales (Cr)

9 Apr 2025

+6,065.78

-1,951.6

MTD-May (Cr)

April

-28,576.01

+25,636.58

On April 16, 2025, Indian stock markets opened on a weaker note amid mixed global cues and domestic macroeconomic concerns. The benchmark indices slipped in early trade, reflecting pressure from a widening trade deficit and easing inflation. India’s trade gap rose sharply in March as imports jumped over 11%, while export growth remained muted. On the positive side, retail inflation cooled to a five-year low of 3.34%, driven by a drop in food prices. This moderation in both headline and core inflation has raised expectations of a potential interest rate cut by the central bank. However, global uncertainty—particularly around policy signals from the U.S. and geopolitical risks—continues to weigh on sentiment. Technical indicators suggest the market may stay range-bound in the near term, with key support levels seen just below current prices and resistance capping the upside. In the derivatives space, heavy call writing at higher levels indicates strong resistance, while put writing at lower levels suggests some accumulation. Volatility has declined significantly, with the India VIX falling nearly 20%, though it remains above the psychological comfort zone, implying possible intraday swings. Sectors sensitive to interest rates may benefit from easing inflation, while consumer-oriented industries could see tailwinds from lower food prices. In contrast, export-driven segments might stay under pressure due to the trade imbalance and uncertain global trends. With a market holiday approaching and earnings season underway, investors are expected to remain cautious. International developments, especially any statements or actions from figures like Trump or shifts in U.S. economic policy, will also be closely watched.

Global Market

April 21st 2025

NASDAQ

USA

16,286.45

-20.71   -0.13

18th April

Dow Jones

USA

38,865.84

-276.39   -0.71

21st April

FTSE

UK

8,275.66

0   0

17th April

DAX

GERMAN

21,205.86

0   0

17th April

GIFT Nifty

Singapore

23,834

29   0.12

21st April

NIKKEI 225

Japan

34,300.35

-429.93   -1.25

21st April

Shanghai

China

3,286.92

10.19   0.31

21st April

S&P 500

USA

5,282.7

7   0.13

19th April

Market at Closing

March 20th 2025

Top Gainers

BHARTIARTL

1,704

66.85  4.08

TITAN

3,183.05

106.75  3.47

EICHERMOT

5,234

133.1  2.61

BAJAJ-AUTO

7,920

198.15  2.57

Top Losers

INDUSINDBK

685

-7.7  -1.11

BAJFINANCE

8,680

-51.6  -0.59

TRENT

5,215

-15.85  -0.3

SHRIRAMFIN

666.3

-1.65  -0.25

Technicals

Pivot Advanced Levels

Buy Above

55272.91

R1

55445.98

R2

55626.92

R3

55949.47

Stop Loss

55068.36

Pivot

55147.03

(All values are in INR)

Sell Below

55021.16

S1

54848.09

S2

54667.15

S3

54344.60

Stop Loss

55225.70

Pivot Basic Levels

R4R3R2R1PivotS1S2S3S4
Classic

56877.90

56405.82

55933.73

55619.12

55147.03

54832.42

54360.33

54045.72

53731.10

Woodie

57546.50

56484.55

55973.10

55697.85

55186.40

54911.15

54399.70

54124.45

52826.30

Camarilla

55737.19

55520.84

55448.73

55376.61

55147.03

55232.39

55160.27

55088.16

54871.81

Moving Averages

Bullish

Bearish

EMA

SMA

5 Day

47678.83

10 Day

45935.36

20 Day

44952.67

50 Day

43705.43

100 Day

42738.85

200 Day

41454.20

Momentum Oscillators

Stoch RSI

50.00

ROC

8.81

Ultimate

76.46

Williams

-2.49

CCI

211.21

Stochastic

97.60

RSI

53.57

Bullish

2

Bearish

3

Neutral

2

Trend Oscillators & Volatility

ATR

405.80

Low Volatility

MACD

630.74

Bullish

Bullish

1

Bearish

0

Neutral

0

Nifty Stock List

Stock NameCMPChange (%)Market Cap (Cr.)SectorPiotroski Score
HDFCBANK

1927.1

1.0699

1475004

Banks

3 / 9

HDFCBANK

604.5

1.0616

1475004

Banks

3 / 9

ICICIBANK

1409.8

0.2204

1004529

Banks

8 / 9

SBIN

816.7

2.4139

728784.5

Banks

5 / 9

KOTAKBANK

2241.4

2.4359

445875.067

Banks

6 / 9

Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.

Analyst Certification: I/We, Ayushi Jain Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-201900015194.

Frequenlty asked questions

What is NIFTY 50?

Can I trade NIFTY50?

How are stocks selected to be a part of Nifty 50?

How does the closing price of NIFTY50 determined?

What are Nifty Futures and Options?

Enrich money logo