Looking at the weekly chart of the Nifty50 ... When it moves above the 30 mark, it strongly indicates a potential trend reversal. Bank Nifty is echoing the reversal opportunity, as the Nifty50 ...

The Nifty 50 and Bank Nifty staged a smart recovery ... later slightly higher on February 12. The chart pattern signals a possibility of an upward trend, which may confirm in the following session.

As the Nifty formed a long bearish candle on the weekly charts and closed below the 200 ... Nifty PSE index and Nifty PSU Bank were among the worst hit among major sectoral indices.

The trends on Gift ... he added. Bank Nifty surged 810.20 points, or 1.67%, to close at 49,350.80 on Monday, forming a bullish engulfing pattern on the daily chart, signaling a potential reversal ...