“Neutral on Bank Nifty, which remains stagnant and range-bound near the 200-period MA at 57,450, with sentiment slightly weakening. It needs to sustain the 50-EMA level of 57,200 to keep the overall bias intact. Tough resistance is at 58,600, while major support is near the 100-period MA at 56,000.”

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