Market Rallies 4th Day: Nifty, Bank Nifty Strategies Revealed for Gains

• Indian markets extend gains for the fourth consecutive day, with Nifty above 26,200 and Bank Nifty up 100 points, driven by mid and smallcap buying.
• Metal shares lead the rally (Hind Copper +5%), alongside Consumer Durables, Realty, and NBFCs, while IT stocks like Tech Mahindra and Wipro face pressure.
• Railway stocks continue their pre-budget rally for the third day, with Titagarh Futures, RVNL, IRFC, and Texmaco Rail seeing buying interest.
• Virendra Kumar advises Nifty traders to buy controlled dips towards Base-1 (26090-26134) and book profits at Resistance-1 (26212-26247) if not crossed.
• For Bank Nifty, buy on dips towards Base-1 (58931-59119); a rally of 200-280 points is possible above Resistance-1 (59553), with HDFC Bank and ICICI Bank crucial.

Why It Matters: Market extends gains for 4th day; Nifty, Bank Nifty strategies focus on buying dips and resistance levels.