If the Bank Nifty sustains above 49,000 on a closing basis, an attempt to move toward 49,500 (20-day EMA) and then 49,800 (50 ...

Nifty Outlook and Strategy Nandish Shah ... The upper end of this range aligns with the 20 EMA and the bearish gap, while the lower end coincides with the 50 EMA. Looking ahead to next week ...