Bank Nifty derivatives

Demand Zone Strengthens as Nifty Bank Rebounds; Bullish Momentum Hinges on 59,500 Breakout

Nifty Bank attempted to stabilise after a volatile trading phase, reclaiming both the 10-DEMA and 20-DEMA, and forming a constructive rebound candle, a clear indication of renewed buying interest around the demand zone. The index also moved back above the psychological 59,000 mark, signalling a s...

Nifty Bank Slips into Consolidation Zone; Sustained Move Below 57,650 Could Invite More Selling

The Nifty Bank index wrapped up October on a positive note, marking fresh all-time highs. However, towards the end of the week, the index began to show signs of fatigue, signaling the possibility of a short-term correction in the coming sessions. After giving up part of its recent gains, Nifty Ba...