RANGE OF BANK NIFTY FO – CLOSED @ 56468 AS OF 07.10.2025
Dear Traders,
Resistance Range: Bank Nifty Future faces resistance in the range of 56505 to 56575. If it crosses above this zone, the next resistance range are expected at 56636 to 56676 with a highly volatile trend likely to follow.
Support Range: On the downside, support is observed at 56404 to 56272. If Bank Nifty future falls below the 56272 Point, the next support range are anticipated at 56180 to 56088.
Outlook: I remain positive for a bullish trend if Bank Nifty future moves above the 56676 Point. However, it is important to stay in line with the trend and trade accordingly.
If Bank Nifty Futures is above 56676 points, it is likely to reach around 56737.
Stay cautious and monitor key Range closely.
The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in
