derivatives analysis

Nifty Bank in Corrective Phase as Momentum Weakens and Derivatives Turn Cautious

Nifty Bank ended the session at 59,404.20, down 0.81%, as the index failed to sustain early strength and came under steady selling pressure during the latter half of the day. The daily chart formed a bearish candle, with prices retreating sharply from the intraday high of 59,993.50 to a low of 59...

Nifty Bank lacks follow-through as cautious positioning dominates derivatives

Nifty Bank traded with a subdued, indecisive tone on Wednesday, extending its sequence of lower highs and closing below the 20-day exponential moving average (DEMA). This signals a gradual fading of bullish momentum. The index once again tested its key demand zone of 58,800–58,700, a region that ...

Indecision Grips Nifty Bank as Doji Candles Signal Tug-of-War Near 59,000 Support

The Nifty Bank index remained sideways ahead of the upcoming monetary policy announcement, amid a noticeable drop in trading volumes. Despite several intraday recovery attempts, the index once again failed to post a decisive close above the previous session’s high. Persistent overhead resistance ...