Banknifty Demand Zone

The Bank Nifty is an index that represents the performance of the banking sector in India, comprising the most liquid and large-cap banking stocks listed on the National Stock Exchange (NSE). A demand zone in the context of Bank Nifty refers to a price area where buying interest is historically strong, often acting as a support level. If the Bank Nifty is approaching or reacting to a demand zone, it could indicate a potential reversal or bounce.