Quote on Bank Nifty : The index remains in a buy-on-dip mode as long as the index stays above 17,000 Says Kunal Shah, LKP Securities

22/03/2023 5:25:13 PM | Source: LKP Securities Ltd

Quote on Bank Nifty : The index remains in a buy-on-dip mode as long as the index stays above 17,000 Says Kunal Shah, LKP Securities

News By Tags | #2730 #607 #4907 #2951 #879 #1014 #59

Below View on Bank Nifty 20 March 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

The Nifty index witnessed sideways momentum throughout the day but the index managed to close in green. The index remains in a buy-on-dip mode as long as the index stays above 17,000. The immediate hurdle on the upside is at 17,200 where the highest open interest is built up on the call side. The index once surpassed the resistance will witness a sharp move on the upside toward the 17,500 level.

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Bank Nifty : The index remains in a buy-on-dip mode as long as the index stays above 17,000 Says Kunal Shah, LKP Securities

Top News

Tag News

More News