Bank Nifty is expected to exhibit a sideways to bearish trend in the near term, trading within an anticipated range of 57,200–58,000. A decisive reclaim of the 57,800–58,000 resistance zone is necessary to revive bullish momentum, while a break below the 57,200–57,400 support could accelerate corrective pressure.

Sumeet Bagadia’s track record: 6 graded calls · 95% CI 19–81%

Bank NiftyBearishCalled 08 Aug 2026Graded 29 Aug 2026