Quote On Bank Nifty : The next crucial support on the downside is placed at 36,000 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 28 September 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index witnessed continuous selling pressure and closed below the support of 38,000 which indicates further bearishness in the near term. The index remains in a sell-on-rise mode with multiple hurdles at 38,500-39,000 where fresh call writing has been observed. The next crucial support on the downside is placed at 36,000 which coincides with its 200 DMA."
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