NIFTY BANK is trading near the highs of last 1 year.
In the medium term the prices have been in Uptrend.
Longer to medium Term Trend is Up.
Above average volume about 2.0 times daily average volume of past 1 month
NIFTY BANK Japanese Candlestick Analysis:
NIFTY BANK is trading near the Bottom of the day's range.
Higher High and Higher Low compared to previous day. Bullish
Day's Range: 26423.75 ~ 26887.65
NIFTY BANK had a gap-up opening with gap now acting as support area between 26335.85 ~ 26423.75
NIFTY BANK opened at 26762.25 compared to previous close of 26289.10
1 candlestick pattern: none
2 candlestick pattern: none
3 candlestick pattern: none
Pivot, Support and Resistance:
*pivot points are calculated based on the closing data of 2018-01-18
NIFTY BANK Volume and Moving Average Analysis:
Day's Range (.)
20 Day Range (.)
50 Day Range (.)
52-Week Range (.)
20-Day SMA: 25,632.2
20-Day average volume: 109,952,300
NIFTY BANK has average daily volume of 109,952,300 compared to today's volume of 224,022,000. It is currently trading Above 20 day simple moving average.
50-Day SMA: 25,516.3
50-Day average volume: 110,979,020
Short Term Trend is Up!!!
NIFTY BANK has support near the gap up area between today's low and previous high 26335.85 ~ 26423.75 and further near 26289.10
It is currently trading about 1% below it's 52-week high.
NIFTY BANK has made a new 52-week high today at 26887.65.
For any stock, the 52-week high event is an important milestone because it implies strong buying momentum.
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52-week high low summary
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