Nifty 50, Bank Nifty: Can key indices reclaim crucial levels after sharp recovery?

• Nifty 50 showed a sharp recovery, closing at 25,790, with 25,900-26,000 as crucial resistance.
• Bank Nifty also recovered, closing at 59,451, facing immediate hurdle at 59,700.
• India VIX rose to 11.37, indicating potential for increased market volatility towards 12-13.
• Experts suggest a 'buy-on-dips and sell-on-rallies' strategy for Nifty within 25,500-26,000 range.
• Bank Nifty is expected to trade sideways to positive, with 59,000 as key support.

Why It Matters: Nifty and Bank Nifty show recovery, but face key resistance levels amidst rising volatility.