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 51,575, gaining 366 points in the latest session. On the 45-minute chart, the index is trading in a broken descending channel, indicating a potential retest towards the 50,700–50,800 range. It is currently facing resistance at the previous high of 51,700–51,760. For intraday trades, momentum is expected above 51,690 for further upside, while a drop below 51,384 could lead to additional weakness.
Global market sentiment remains cautious due to Donald Trump's announcement of a 25% tariff on imported cars, raising fears of a broader trade war. This has overshadowed the positive impact of U.S. Q4 GDP data, which grew by 2.4% (slightly above the 2.3% estimate). Meanwhile, the Indian rupee has strengthened against the U.S. dollar, supported by strong FII inflows, which could benefit financial stocks.
In terms of institutional activity, FIIs continued their buying spree, recording their highest single-day buying in months with inflows of 11,111 crore in the previous session. DIIs also remained net buyers, adding 2,517 crore. On a monthly basis, FIIs have infused 11,111 crore, while DIIs have added 29,939 crore. The consistent FII buying trend is expected to boost market sentiment and support further upside in Bank Nifty.
Short term Research Report Call
Buy Above: 51,690 | Targets: 51,920, 52,400, 52,700 | Stop-loss: 51,550
Sell Below: 51,384 | Targets: 50,917, 50,650, 50,430 | Stop-loss: 51,500
Short term Chart
Long term - Technical Outlook
Bank Nifty is trading in a descending channel on the 4-hour chart, closing the last session at 51,575, up by 366 points. Technically, a close above 51,850 could be positive for the Indian market. However, a retest towards the 50,650–50,400 range is possible. In the previous session, Bank Nifty faced resistance at the 51,850–51,800 range. A strong close above this level could push it towards the 52,600 range.
FIIs continued their buying streak for consecutive sessions, marking the highest single-day buying after months, with purchases worth 11,111 crore in the previous session. DIIs also bought 2,517 crore. On a monthly basis, FII inflows stand at 6,367 crore, while DII net inflows have reached 29,939 crore. The consistent FII buying could significantly boost investor confidence going forward.
Long term Research Report Call
Buy Above: 51,850 | Targets: 52,500, 53,200 | Stop-loss: 51,650
Sell Below: 48,300 | Targets: 48,000, 47,600 | Stop-loss: 48,600
Long term Chart
March 26th 2025
Resistance 52,000
Support 51,500
Particular
FIIs
DIIs
Net Purchase/ Sales (Cr)
24 Mar 2025
+5,371.57
-2,768.87
MTD-May (Cr)
March
-6,984.8
+28,117.86
The Indian equity benchmark indices opened flat on Wednesday, March 26, despite positive global cues and strong FII buying, marking the seventh consecutive session of gains. At 9:28 AM, the S&P BSE Sensex was up 109.21 points (0.14%) at 78,126.40, while the NSE Nifty50 rose 50.10 points (0.21%) to 23,718.75. The broader market also rebounded, with the Nifty Midcap 100 advancing 0.66% and the Nifty Smallcap 100 rising 0.31%. Market breadth remained favorable, with 1,442 stocks advancing out of 2,351 traded on the NSE. IndusInd Bank, Bharti Airtel, Bajaj Finserv, Power Grid, and Hindalco were the top gainers, rising up to 2.93% in early trade.
Foreign institutional investors (FIIs) remained net buyers for the fourth consecutive session, purchasing equities worth 5,371.57 crore, while domestic institutional investors (DIIs) sold equities worth 2,767 crore.
On the global front, US markets closed higher for the third straight day, with the S&P 500 gaining 0.16%, the Nasdaq rising 0.46%, and the Dow Jones inching up 0.01%. Asian markets opened in the green, driven by Wall Street’s gains, with Hong Kong and South Korea leading with gains of 0.8% and 0.75%, respectively.
During the early session, 2,521 stocks were traded on the NSE, with 1,399 advancing, 1,042 declining, and 80 remaining unchanged. Meanwhile, 35 stocks hit their upper circuits, while 45 hit lower circuits. The volatility index, India VIX, rose 1.59% to 13.85, indicating moderate volatility.
Overall, positive global cues, consistent FII buying, and expectations of a more flexible US trade tariff policy are boosting market sentiment. However, profit booking at higher levels may limit further gains.
March 28th 2025
USA
28th March
USA
28th March
UK
27th March
GERMAN
27th March
Singapore
28th March
Japan
28th March
China
28th March
USA
28th March
March 20th 2025
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 |
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 |
Check live levels for all scripts
Buy Above
51553.18
R1
51699.15
R2
51851.75
R3
52123.79
Stop Loss
51380.67
Pivot
51447.02
(All values are in INR)
Sell Below
51340.86
S1
51194.89
S2
51042.28
S3
50770.25
Stop Loss
51513.37
R4 | R3 | R2 | R1 | Pivot | S1 | S2 | S3 | S4 | |
Classic | 52902.85 | 52506.68 | 52110.52 | 51843.18 | 51447.02 | 51179.68 | 50783.52 | 50516.18 | 50248.85 |
Woodie | 53469.73 | 52571.10 | 52142.72 | 51907.60 | 51479.22 | 51244.10 | 50815.72 | 50580.60 | 49488.72 |
Camarilla | 51940.78 | 51758.31 | 51697.49 | 51636.67 | 51447.02 | 51515.03 | 51454.21 | 51393.39 | 51210.92 |
Bullish
Bearish
EMA
SMA
5 Day
46442.20
10 Day
45260.84
20 Day
44599.34
50 Day
43559.95
100 Day
42665.39
200 Day
41417.28
Stoch RSI
50.74
ROC
7.79
Ultimate
63.21
Williams
-11.01
CCI
117.61
Stochastic
86.07
RSI
53.70
Bullish
1
Bearish
2
Neutral
4
ATR
404.35
Low Volatility
MACD
394.12
Bullish
Bullish
1
Bearish
0
Neutral
0
Check all stocks
Stock Name | CMP | Change (%) | Market Cap (Cr.) | Sector | Piotroski Score |
HDFCBANK | 1828.9 | 0.1945 | 1396721.79 | Banks | 3 / 9 |
HDFCBANK | 604.5 | 1.0616 | 1396721.79 | Banks | 3 / 9 |
ICICIBANK | 1349.05 | 0.9277 | 945125 | Banks | 8 / 9 |
SBIN | 772.2 | -0.0129 | 689337.637 | Banks | 5 / 9 |
KOTAKBANK | 2169.3 | 1.9097 | 423720.151 | 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.