Quote On Bank Nifty : The index remains in a buy-on-dip mode with immediate support at the 40,500-40,300 zone Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 21 October 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index witnessed a breakout on the daily chart with a sharp surge in volumes. The index is trading in a strong uptrend with higher low and higher high formation intact. The index remains in a buy-on-dip mode with immediate support at the 40,500-40,300 zone. The immediate hurdle on the upside is seen at 41,000 and once breached will open gates for 42,000 on the upside."
Above views are of the author and not of the website kindly read disclaimer
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