AN IMPORTANT NOTE ON CNX-BANK NIFTY FOR—1.4.2026

 

CNX-BANK NIFTY

 

Support:52063.65/51693.95/50865.45/50369.40/50194.30/49974.75/49787.10/49654.65/49156.95/48636.45/47898.35/47702.90. 

Resistance:52577.50/52782.75/53357.70/53483.05/53561,75/53888.30/54176.45/54226.60/54442.30/54467.35/54576.60/54905.60/55149.30/55475.45/55821/56098.70/56204.85/56594.25/56623.60/57049.50/57157.85/57482.05/57594.25/57628.40/57783.20/58050/58121.60/58649.50/58712.70/58737.60/58799.90/58864.20/58925.70/59581.85/59674.80/59806.60/60060.70/60114.30/60235.15/60473.20/60980/61099/61232/61342/61764.85/61998/62078/62251/62382/62427/63091.

Please note that you are aware that the overall technical setup is very weak and it is into deep correction mode and most importantly long term uptrend is potentially threatened, so all together it is showing extreme weakness and may be heading for further fall in coming days. However to keep the hope alive for moving up in the month of April—2026 it has to sustain above 51433.90---51391.19---50275.35---50105.25 on the closing basis, else it may start to drift down again. Moving down further its strong support point or range would be as follows;-

SN. SUPPORT POINTS OR RANGE     REMARKS

1. 49654.65.

2.  49411.48. BEAR MARKET THRESHOLD POINT-break & sustained close below

                         It may trigger fresh fall.  

3.  49215.15---49156.95. Break & sustained close below the range can pull it down to 46077 or

                                              Lower.

4.  47702.90(key point for-2026) STRONG BOUNCE BACK POINT-break & sustained close below it

                                                             Can drag it down to 44429 or lower.                                                                                                                            

3. 46077.05.

4. 44429.

The bias is hugely bearish as of now.

Disclaimer:- I am not a SEBI registered technical analyst. The view expressed here are solely of the author and purely for the academic and educational purpose. This is in no way a trading or investment advice.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS. 

Note: Price stated here are of spot market. 

Thanks 

Narendra Kumar Surana

Email—suranank@gmail.com

Mobile—8240951127/9831313654.