Bank Nifty must hold above 57,000 for an upward move towards 58,500 and then 58,750. Supports are shifting higher to 57,750 and 57,500, indicating potential resistance at higher levels despite a bullish candle formation.

Chandan Taparia’s track record: 3 graded calls · 95% CI 0–56%

Bank NiftyBullishCalled 04 Aug 2026
Verdict:PENDING

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