Nifty Bank, which is near its 52-week high, was trading above 7 out of 8 SMAs. The index has to hold above 41,000 zones for an up move towards 41,250 and 41,500 zones, whereas supports are placed at 40,500 and 40,250 zones.
F&O Talk: Nifty loses key supports amid tariff turmoil: what’s next? Preeti Chabra weighs in
President Trump’s tariff announcement triggered volatility across global markets, with Indian indices falling 2.6%. Analyst Preeti K. Chabra shares insights on Nifty, Bank Nifty, and