Quote on Bank Nifty: The index to resume the up move must surpass the level of 43,500 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 01 December 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The BANK NIFTY index faced range-bound trading between 43,000-43,500 levels where the bulls and the bears were active. The index to resume the up move must surpass the level of 43,500 on the upside on a closing basis. The undertone remains bullish and one should keep a buy-on-dip approach with strong support at the 43,000-42,800 zone."
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