NSE Bank Nifty

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...