“Bullish on Bank Nifty, which closed above 58,000. A decisive breach above the tough resistance hurdle at 58,600 is needed to trigger a fresh upward move in the coming days. Near-term support is at the 50-EMA level of 57,000, which must be sustained to maintain the positive bias.”

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