“Bank Nifty formed a strong bullish candle, closing decisively above the 200-period MA at 57,500, improving bias and sentiment. The 56,500 zone is important near-term support. A decisive breach above the 58,600 hurdle will trigger a breakout, leading to a fresh upward move in the coming days.”

Vaishali Parekh’s track record: 14 graded calls · 95% CI 1–31%