Quote On Bank Nifty :The Bank Nifty index surpassed the initial trough of 39,500 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 17 October 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty index surpassed the initial trough of 39,500 and managed to close above it. The index remains in buy mode with strong support at the 39,000-38,800 zone. The immediate upside hurdle is visible at 40,000 where the highest open interest is built up on the call side and once breached will see a short covering towards 41,000-41,500 levels.".
Above views are of the author and not of the website kindly read disclaimer
Above views are of the author and not of the website kindly read disclaimer
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