“Rajesh Palviya notes that Bank Nifty is showing a similar bullish structure to Nifty. He anticipates it could scale up to 57,500 if it breaks above 56,800 due to further short covering in the near term.”
Rajesh Palviya’s track record: 10 graded calls · 95% CI 2–40%
Bank NiftyBullishCalled 20 Apr 2026Graded 04 Jul 2026
Bank Nifty decreased from ₹57371.45 to ₹53555.20, which is contrary to the bullish anticipation.
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