Stocks Analysis Intraday Bytes: NIFTY BANK Analysis

NIFTY BANK Technical and Fundamental Analysis

Date Open High Low LTP Close Volume Delivery Vol
2017-07-21 24231.40 24289.30 24066.90 24257.05 65,323,000 0%
2017-07-20 24170.65 24299.60 24170.65 24213.35 91,518,000 0%
2017-07-19 24069.20 24180.75 24053.70 24152.65 72,823,000 0%
2017-07-18 23958.15 24147.45 23942.10 24022.05 75,083,000 0%
2017-07-17 24011.40 24066.10 23913.65 24015.05 65,782,000 0%

*Markets are currently closed.

NIFTY BANK Trend Analysis:

NIFTY BANK is trading near the highs of last 1 year.

In the medium term the prices have been comparatively more volatile..

Above average volume about 0.0 times daily average volume of past 1 month

NIFTY BANK Japanese Candlestick Analysis:

NIFTY BANK is trading near the Top of the day's range.

Lower High and Lower Low compared to previous day. But the closing has been positive.

Day's Range: 24066.90 ~ 24289.30

NIFTY BANK opened at 24231.40 compared to previous close of 24213.35

1 candlestick pattern: The candlestick pattern formed is similar to a Doji Candle. Dragonfly Doji (Highly Bullish)

2 candlestick pattern: none

3 candlestick pattern: none

NIFTY BANK Gap Support and Resistance

Day's Pivot Point Levels for NIFTY BANK (Support and Resistance):

NIFTY BANK is trading Above the pivot.

Pivot Point 24,204.42

Pivot Point Resistance at 24,341.93(R1) --> 24,426.82(R2) --> 24,649.22(R3) --> 24,871.62(R4)

Pivot Point Supports at 24,119.53(S1) --> 23,982.02(S2) --> 23,759.62(S3) --> 23,537.22(S4)

*pivot points are calculated based on the closing data of 2017-07-21

NIFTY BANK Volume and Moving Average Analysis:

52-week Range:

52 Week Range: 17606.90 ~ 24299.60

It is currently trading about 0% below it's 52-week high.

Disclaimer: This tool is designed for educational purpose only. Please consult your financial advisor before making any investing or trading decision. The site does not take any resposibility for any profit or loss.

What is Technical Stocks Analysis?

Technical Analysis is the study of …

NiftyTrader Technical Stocks Analysis is based on the following:

  1. Stock Momentum Study
  2. Stock Moving Averages
  3. Breakout and Breakdown based on Average Daily Volume
  4. Japanese Candlestick Pattern Recognition of high-potential candlestick patterns
  5. Pivot Analysis
  6. Intraday Sentiment among Traders and Investors
  7. 52-week high low summary

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  1. Balance Sheet – Comparison with previous years
  2. Quarterly and Annual Results Trend
  3. Cash Flow Analysis Trend
  4. Peer Comparison

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    • Colors are based on few fundamentals of trading. A higher low suggests bullishness (in this case low is green when current low is higher than last 2 days’ lows). Similarly a lower low is bearish signal.
      and so on…

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