BANKINGBIST Banks IndexBIST_DLY:XBANKilhankarbiSince March 2026, liquidity has remained weak. Volume indicators suggest that buy-stop orders from previous buying activity have been triggered and have been forced into the discounted market. While it does not seem unreasonable to expect buyers to emerge at these levels, there are still questions regarding the strength of any potential buying. The fact that only buy-stop orders are being activated, combined with sellers having the opportunity to cover their obligations at depressed prices, leaves uncertainty as to whether this will be sufficient to push prices higher again. Amid heightened geopolitical risks, the economy continues to face the difficult challenge of combating inflation. Expectations for policy rate cuts have been pushed further into the future, while a rising country risk premium driven by various factors has resulted in Turkish banking stocks trading at even deeper discounts. On the 1-week timeframe, the order-block sequence initiated around the 14,400 level is approaching completion following the latest sharp price movements. Assuming the average cost basis is around 14,900, the key support and resistance levels are as follows: Resistance Levels 15,600 – 15,700 – 15,800 – 15,900 Support Levels 14,860 – 14,800 – 14,740 – 14,680