Bank Nifty Stock Price Live Updates: As of 09:00 AM IST on October 4, 2024, Bank Nifty is currently trading at 51,845.2, reflecting a decline of 2.04%. Throughout the day, Bank Nifty has experienced fluctuations, trading within a range of 52,582.95 to 51,683.4. Meanwhile, Nifty futures are positioned at 52,384.75, showing no change (0.0%) with an open interest shift of 20.06%, signaling a potential continuation of the bullish trend in the near future.
This live blog is generated by AI and has not been curated by the LiveMint staff.
Bank Nifty Share Price Updates: Key Resistance and Support Levels
As Bank Nifty trades at its current level, it is essential for investors to be aware of crucial resistance and support levels that may influence market movements.
Resistance Levels:
- R1: 53,109.24
- R2: 53,295.87
- R3: 54,008.79
Support Levels:
- S1: 52,209.69
- S2: 51,496.77
- S3: 51,310.14
These levels are vital for traders as they offer insight into potential price movements and market conditions. A break above the resistance levels could indicate bullish momentum, while a fall below the support levels could suggest further decline.
Previous Closing Price of Bank Nifty
On the last trading day, Bank Nifty closed at 52,922.6. This closing figure is a critical indicator of the banking sector’s performance, showcasing investor sentiment and broader market trends. Investors should keep a close watch on the forthcoming trading sessions to understand better how domestic and global factors might affect the banking indexโs performance.
