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Quote On Bank Nifty : The Bank Nifty index witnessed a range-bound trading session on the last of the October series Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 27 October 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index witnessed a range-bound trading session on the last of the October series. The index immediate hurdle is seen at 41,500 where aggressive call writing has been witnessed and once breaches above that will see further short covering towards the 42,000 level. The index remains in a buy-on-dip mode as long as it holds the support of 40,500 where fresh put writing has been witnessed in the November series."
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