Quote On Bank Nifty :The index remains in buy mode as long as it holds the support of 38,500 on the downside Says Kunal Shah, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below View on Bank Nifty 12 October 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index witnessed a breakout on the lower time frame from a triangle pattern. The RSI has also formed a double bottom which confirms the internal strength of the breakout. The index remains in buy mode as long as it holds the support of 38,500 on the downside. The higher-end immediate resistance is visible at 39,500 and once breached will see further short covering towards the 40,000-41,000 level."
Above views are of the author and not of the website kindly read disclaimer
Top News
Electronically generated CoO valid document for claiming duty benefits under India-UAE trade...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
