BANKBETF technical summary

At ₹61.58, Bajaj Finserv Nifty Bank ETF is trading 8.3% above its 50-day average of ₹56.87 and 7.5% above its 200-day average of ₹57.26. The 14-day RSI is 36.4, in the neutral range between 30 and 70. MACD is -0.31 against a signal line of -0.18, so the MACD line sits below its signal line. ADX(14) reads 21.9, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹50.71 to ₹63.9, with the price 82% of the way up it. Classic daily pivot levels from the 16 Sept 2026 session: pivot ₹57.08, resistance ₹57.37 and ₹57.73, support ₹56.72 and ₹56.43.