Nifty 50, Bank Nifty: Key Levels to Watch for Breakout or Correction

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Moneycontrol•15-01-2026, 23:40
Nifty 50, Bank Nifty: Key Levels to Watch for Breakout or Correction
- •Nifty 50 traded in a tight 300-point range, needing to break 25,600 for downside or 25,900 for upside.
- •Bank Nifty shows resilience, outperforming Nifty and holding above key moving averages; 60,000-60,100 is critical resistance.
- •Experts Sudeep Shah, Nilesh Jain, and Rupak De provide Nifty and Bank Nifty strategies with specific support/resistance levels.
- •Nifty formed an NR4 pattern, indicating potential breakout, while momentum indicators suggest indecision.
- •Bank Nifty's outperformance is highlighted by its ratio chart reaching a 609-day high against Nifty.
Why It Matters: Nifty and Bank Nifty are at critical junctures, with experts outlining key levels for potential breakouts or corrections.
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