11-04-2022 05:19 PM | Source: LKP Securities Ltd
Quote On Bank Nifty : The Bank Nifty bulls came back strong in the last half an hour and the index witnessed a strong bounce back Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 04 November 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

"The Bank Nifty bulls came back strong in the last half an hour and the index witnessed a strong bounce back from the support zone of 41000-40800. The index formed a doji candle on the daily chart which indicates indecisiveness. The index remains in a buy mode as long as it holds the support of 40800 on the downside and once breaches above 41500 on a closing basis will witness a sharp move on the upside towards 43000 levels."

 

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