“Bank Nifty witnessed a breakdown from its consolidation range, signalling a weakening price structure in the near term. The index closed at its lowest level since July 2026 and slipped below key EMAs, indicating increased selling pressure and giving bears the upper hand. The 56,400–56,300 zone is immediate support, with a break below 56,300 potentially leading to 55,800.”

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