NIFTY 50 & Bank Nifty Stock Report By, Trading Fuel
![](https://tradingfuel.com/wp-content/uploads/2022/09/image-71.png)
The NIFTY 50 is a benchmark Indian stock market index representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.[1] It is one of the two main stock indices used in India, the other being the BSE SENSEX.[2]
Bank Nifty represents the 12 most liquid and large capitalized stocks from the banking sector that trade on the National Stock Exchange (NSE). It provides investors and market intermediaries with a benchmark that captures the capital market performance of the Indian banking sector.
After reaching a 25-week low on Jun. 17, 2022, the share price soared by 19%. Between Aug. 19 and Sept. 19, 2022, the share price dropped and recovers 5% reaching 25 week high. The price then falls by 3%, finding resistance at 17,429 current support at 23.60 of Fibonacci. According to the current technical indicators, the share price could still fall by -2% or even more if the current correction doesn’t support 17,167.85. We hope that you like NIFTY 50 & Bank Nifty Stock Report. Thanks for reading the Article on Nifty and Bank Nifty.
The inventory market is full of uncertainty. Extreme volatility is part and parcel of it. Retail traders often lose their hard-earned cash due to volatility. The rate of the battle between bulls and bears is paid by small outlets within the market. To protect them from volatility in the marketplace, buying and selling gasoline offers free stock marketplace education to traders and investors. Using our unfastened schooling you can earn as much as Rs. 20,000 in keeping with the month. The schooling consists of the way to set a stop loss, a way to use special intraday techniques, information on market technicalities like Elliot waves, Bollinger Bands, and so forth.