Quote On Nifty : The Bank Nifty index continued its downward momentum Says Kunal Shah, LKP Securities
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Below View on Nifty 26 September 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index continued its downward momentum and remained under selling pressure throughout the day. The index has breached its important support levels and pull-back rallies should be utilized to initiate fresh short positions. The higher-end resistance is visible at the 39,500-40000 zone and the next support is seen at the 38,000 level."
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