Bank Nifty View (Simple Technical Read)đ Key StatementBank Nifty may go to 60,600 if it stays above 59,900This view makes technical sense, and here’s why đ✅ Why 59,900 Is Important59,900 is acting as a strong support zoneAbove this level:Buyers remain in controlPullbacks are getting absorbedIt also aligns with:Short-term moving average support
Bank Nifty View (Simple Technical Read) đ Key Statement Bank Nifty may go to 60,600 if it stays above 59,900 This view makes technical sense, and here’s why đ ✅ Why 59,900 Is Important 59,900 is acting as a strong support zone Above this level: Buyers remain in control Pullbacks are getting absorbed It also aligns with: Short-term moving average support Previous breakout area đ Upside Targets (If 59,900 Holds) If Bank Nifty sustains above 59,900 (15–30 min closing basis): 60,200 – First resistance 60,450 – Minor profit booking zone 60,600 – đ¯ Major target (supply zone) Momentum + volume confirmation can help price test 60,600 smoothly. ⚠️ Risk Side (Very Important) If 59,900 breaks decisively: Weakness may creep in Possible pullback towards: 59,500 59,200 So 59,900 = line of control đ§ đ§ Trading Insight (Non-advisory) Above 59,900 → Buy-on-dips mindset Below 59,900 → Wait & watch / defensive approach Best confirmation: Strong candles Good volume Bank-heavy understa...