“Neutral on Bank Nifty, expecting it to remain range-bound despite a positive broader trend indicated by trading above its 50-day, 100-day, and 200-day EMAs. Momentum indicators suggest a lack of strong directional movement. The 57,900–58,000 zone acts as crucial resistance, while 57,100–57,000 is an important support. A decisive breakout or breakdown will determine the next trend.”

Sudeep Shah’s track record: 14 graded calls · 95% CI 16–61%