BANKNIFTY maintains a bullish stance at 59,741, holding above key support of 59,880-59,900 with potential upside to 60,400-60,500 on breakout. RSI around 63-64 signals buying momentum without overbought extremes, while MACD remains positive supporting the uptrend above 50/200 DMA (57,302/54,737). Resistance at 60,000-60,400 eyes 60,800 if breached; dips to support offer entry amid strong banking sector momentum. Outlook turns cautious only below 59,700.
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