Market Volatility India

Bank Nifty Rebounds on Short Covering, but Lower-High Pattern Keeps Trend Cautious

Created March 11, 2026
Author Dhupesh Dhameja
Reading Time: 2 minutes

Bank Nifty Jumps 1.66% After Sharp DeclineThe Nifty Bank index staged a strong rebound, closing at 56,950.80, up 931 points (+1.66%). The recovery was largely driven by short covering and buying interest from lower levels after the index recently faced heavy selling pressure.Despite the sharp bou...

Nifty Rebounds on Short Covering; Key Resistance Seen Near 24,400–24,500

Created March 11, 2026
Author Dhupesh Dhameja
Reading Time: 2 minutes

Nifty Gains 0.97% After Recent Selling PressureThe Nifty 50 index staged a recovery after recent weakness, closing at 24,261.60, up 233.55 points (+0.97%). The rebound came as buying interest emerged from lower levels, helping the index recover from the recent decline.On the price chart, two cons...

Nifty Bank Breaks Consolidation, Reclaims 20-DMA; Upside Momentum Builds

Created January 28, 2026
Author Dhupesh Dhameja
Reading Time: 2 minutes

Market RecapThe Nifty Bank index staged a decisive breakout from its recent consolidation phase, reclaiming the 20-day exponential moving average (EMA) and signalling a revival in bullish momentum. The index has now established a strong base in the 58,500–59,000 zone, aligned with key moving aver...

Nifty Stabilises Above Key Supports; Momentum Builds for Further Upside

Created January 28, 2026
Author Dhupesh Dhameja
Reading Time: 2 minutes

Market RecapThe Nifty 50 index staged a tactical rebound from its key support zone, reclaiming the 200-day exponential moving average (EMA) and providing temporary relief to market participants. The index has successfully carved out a meaningful base in the 24,900–25,000 range, which coincides wi...

Nifty Attempts Base Formation After Recent Correction; Banking Indices Show Stabilisation

Created January 28, 2026
Author Om Mehra
Reading Time: 2 minutes

Indian equity benchmarks showed signs of stabilisation after the recent corrective phase, with both Nifty 50 and Nifty Bank rebounding from lower levels. While volatility remains elevated, technical indicators suggest that selling pressure is gradually easing, and the indices are attempting to fo...