Quote on Bank Nifty: The bulls defended the Bank Nifty from the lower end and the index ended on a high note Says Rupak De, LKP Securities

5/12/2022 5:16:05 PM | Source: LKP Securities

Quote on Bank Nifty: The bulls defended the Bank Nifty from the lower end and the index ended on a high note Says Rupak De, LKP Securities

News By Tags | #2730 #607 #2951 #879 #1014 #7616 #59

Below View on Bank Nifty 05 November 2022 By Rupak De, Senior Technical Analyst at LKP Securities

"The bulls defended the Bank Nifty from the lower end and the index ended on a high note ahead of the key events. The index remains in buy mode as long as it holds the support of 42,800 on the downside. The higher-end resistance is visible at 43,500 where a significant amount of call writing has been observed. The index is likely to consolidate in a broad range between 42,500-43,500 and a break on either side will lead to trending moves."

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 bulls defended the Bank Nifty from the lower end and the index ended on a high note Says Rupak De, LKP Securities

Top News

Tag News

More News