NIFTY BANK has been showing a lot of resilience in spite of the heavy weather experienced by NIFTY shares during the past few weeks after the inset of the new year. 46000 is a very important support area for NIFTY BANK and if it has to go south it must break this area first. 50000 had been a very strong support all along the second half of 2024 which was broken in January 2025. It would act as an excellent area to go SHORT although it has been tested once in February 2025. There still could be a lot of unfilled SELL orders waiting to be filled in the vicinity of 50000.
US DOLLAR INDEX WEEK 15 YEAR 2025