Nifty 50, Bank Nifty: Can Upward Momentum Continue for Fourth Session?

• Nifty 50 and Bank Nifty held above Tuesday’s lows, showing improved momentum and falling VIX.
• Experts suggest a 'buy-on-dips' strategy as long as indices stay above the Bollinger Bands' midline (20 DMA).
• Nifty aims for 25,800-26,000 with 25,500 as crucial support; Bank Nifty targets 61,000 if it surpasses 60,400-60,500.
• Nifty closed at 25,776 (+0.2%), Bank Nifty at 60,238 (+0.33%) on February 4, with healthy market breadth.
• Analysts recommend buying Nifty Futures above 25,900 and Bank Nifty Futures in the 60,300-60,400 range for further gains.