Quote on Bank Nifty: The index lower-end support stands at 42,400 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 28 December 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The BANK NIFTY index witnessed buying momentum from the lower levels but failed to surpass the hurdle of 43,000 on a closing basis. The index options data indicates immediate resistance at 43,000 where the highest open interest is built up on the call side. The index lower-end support stands at 42,400 which will act as a cushion for the bulls."
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