BLOG TITLE (ENGLISH)Bank Nifty May Go to 60400 If It Stays Above 59700 – Technical View, Risk, and Possibilitiesভূমিকা (বাংলা)শেয়ার বাজার শুধু খবরের উপর চলে না, চলে লেভেলের উপর। বিশেষ করে ব্যাংক নিফটি-র ক্ষেত্রে কিছু সংখ্যা মানসিক সীমারেখা হিসেবে কাজ করে।कीवर्ड्स (हिंदी)बैंक निफ्टी लक्ष्यबैंक निफ्टी सपोर्टबैंक निफ्टी विश्लेषण🔖 हैशटैग#BankNifty #शेयरबाजार #टेक्निकलएनालिसिस #ट्रेडिंग
📘 BLOG TITLE (ENGLISH) Bank Nifty May Go to 60400 If It Stays Above 59700 – Technical View, Risk, and Possibilities 🔹 Introduction (English) The stock market often moves not on news alone, but on levels. In index trading, especially in Bank Nifty, price levels act like psychological borders. One such important observation is: Bank Nifty may go to 60400 if it stays above 59700. This statement does not guarantee movement, but it reflects a technical probability based on support, resistance, trend strength, and market behavior. This blog explains why 59700 matters, how 60400 becomes a possible target, and what traders should keep in mind. 🔹 Why 59700 Is an Important Level From a technical analysis perspective: 59700 acts as a strong support zone Previous selling pressure was absorbed near this area Buyers defended this level multiple times Option data (Open Interest) often shows Put writing near 59700 When an index holds above support, it shows buyer confidence. Stability a...