Bank Nifty prediction today

BANK NIFTY

As on 02 May, 2025 12:34pm.

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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
The Bank Nifty index closed at 54,956, down by 75 points in the latest session. It faced resistance at higher levels and formed weak candles on the daily chart, signaling hesitation and possible profit booking near key resistance zones. However, another intraday momentum may emerge above 55,555 or below 55,150, depending on market direction.

The overall sentiment remains supported by positive global cues, strong earnings in US markets, and tariff easing talks among major global economies, which have boosted investor confidence worldwide. Additionally, sustained buying from institutional players continues to offer strength to broader markets.

FIIs bought shares worth 50 crore, while DIIs invested 1,792 crore in the last session, showing broad-based support from both foreign and domestic institutions. These flows may continue to cushion downside risks and keep intraday sentiment steady.
Short term Research Report Call
Buy Above: 55,555 | Targets: 55,920, 56,300, 56,500 | Stop-loss: 55,400
Sell Below: 55,150 | Targets: 54,920, 54,500, 54,100 | Stop-loss: 55,300
Short term Chart

Long term - Technical Outlook

Bank Nifty took resistance from higher levels, forming weak candles on the daily chart. In the last session, it closed at 54956, down by 41 points. Technically, holding above 54,500 could keep the sentiment positive for the Indian market.
FIIs bought shares worth 50 crore, while DIIs invested 1,792 crore in the last session, showing broad-based support from both foreign and domestic institutions. These flows may continue to cushion downside risks and keep intraday sentiment steady.
Long term Research Report Call
Buy Above: 55,800 | Targets: 56,300–56,800 | Stop-loss: 55,500
Sell Below: 54,300 | Targets: 53,700, 52,600 | Stop-loss: 54,700
Long term Chart

Market View

April 30th 2025

Market View

Resistance 55,500

Market View

Support 55,000

FII & DII Activities

Particular

FIIs

DIIs

Net Purchase/ Sales (Cr)

28 Apr 2025

+2,385.61

+1,369.19

MTD-May (Cr)

April

+2,684.45

+26,436.3

Indian markets opened with marginal gains today amid strong domestic and foreign investor inflows. The Sensex opened 82.42 points higher at 80,370.80, while the Nifty50 rose 6.10 points to start at 24,342.05. However, indices quickly turned flat due to mixed global cues and geopolitical tensions involving Pakistan.

As of early trade, the Sensex fell by 163.47 points to 80,124.91, and the Nifty slipped 55 points to 24,281.30. Weakness in heavyweight stocks like Bajaj Finance and Bajaj Finserv, following their Q4 results, dragged the market lower.

Market breadth was negative with 828 stocks advancing, 1224 declining, and 137 unchanged. Key gainers in the Nifty50 included Dr Reddy's Labs, L&T, Cipla, Tata Consumer, and TCS, while top losers were Bajaj Finserv, Bajaj Finance, Trent, Tata Motors, and SBI.

Despite the cautious mood, positive FPI and DII flows continue to offer crucial support, with April marking the first month of net foreign inflows in 2025.

Global Market

May 2nd 2025

NASDAQ

USA

17,710.74

264.4   1.52

2nd May

Dow Jones

USA

41,112.39

359.43   0.88

2nd May

FTSE

UK

8,496.8

1.95   0.02

1st May

DAX

GERMAN

7,593.87

0   0

30th May

GIFT Nifty

Singapore

24,432

37.5   0.15

2nd May

NIKKEI 225

Japan

36,772.98

320.68   0.88

2nd May

Shanghai

China

3,279.03

0   0

2nd May

S&P 500

USA

5,604.14

35.08   0.63

2nd May

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

55217.09

R1

55383.10

R2

55556.64

R3

55866.01

Stop Loss

55020.91

Pivot

55096.37

(All values are in INR)

Sell Below

54975.64

S1

54809.64

S2

54636.09

S3

54326.73

Stop Loss

55171.82

Pivot Basic Levels

R4R3R2R1PivotS1S2S3S4
Classic

56596.25

56223.58

55850.92

55469.03

55096.37

54714.48

54341.82

53959.93

53578.05

Woodie

57357.71

56218.98

55848.61

55464.43

55094.06

54709.88

54339.51

53955.32

52830.41

Camarilla

55502.15

55294.65

55225.48

55156.32

55096.37

55017.98

54948.82

54879.65

54672.15

Moving Averages

Bullish

Bearish

EMA

SMA

5 Day

47602.38

10 Day

45893.66

20 Day

44930.82

50 Day

43696.44

100 Day

42734.31

200 Day

41451.92

Momentum Oscillators

Stoch RSI

48.74

ROC

7.99

Ultimate

48.53

Williams

-16.54

CCI

71.10

Stochastic

85.64

RSI

53.35

Bullish

1

Bearish

2

Neutral

4

Trend Oscillators & Volatility

ATR

405.16

Low Volatility

MACD

616.11

Bullish

Bullish

1

Bearish

0

Neutral

0

Nifty Stock List

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

1926

0.0519

1472744.5

Banks

3 / 9

HDFCBANK

604.5

1.0616

1472744.5

Banks

3 / 9

ICICIBANK

1436.2

0.6447

1014550.55

Banks

8 / 9

SBIN

792.45

0.4818

703393.9

Banks

5 / 9

KOTAKBANK

2172.6

-1.6077

438568.249

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

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