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.




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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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  2. Quarterly and Annual Results Trend
  3. Cash Flow Analysis Trend
  4. Peer Comparison

{ 23 Responses }

    • 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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