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NiftyBank

Bank Nifty – Intraday Update (5-Min Chart)

4 months ago

The chart above is embedded from a separate charting application. Website-level accessibility is improved here with keyboard-friendly sharing, clearer labels, and text-based alternatives, while chart-canvas controls still need to be fixed inside the chart application itself.

NIFTY Bank has formed a Rising Wedge pattern and is currently consolidating near the trendline support . 🔻 If support breaks: Below 61,250 → downside momentum Next target → 61,050 🔺 If support holds: Strong reversal possible Upside target → 61,400 ➡️ Watch the support zone carefully for directional confirmation.

NIFTY Bank has formed a Rising Wedge pattern and is currently consolidating near the trendline support.

🔻 If support breaks:
Below 61,250 → downside momentum
Next target → 61,050

🔺 If support holds:
Strong reversal possible
Upside target → 61,400

➡️ Watch the support zone carefully for directional confirmation.

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Posted by

RAVINTHAR PRADEEP

Moderator

4 months ago

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