01-01-1970 12:00 AM | Source: LKP Securities Ltd
Quote on Bank Nifty : The index surpassed its 200 dma which acts as a change of polarity Says Kunal Shah, LKP Securities
Below View on Bank Nifty 31 March 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The bulls came back strong and the index surpassed the hurdle of 40000 with buying action throughout the day. The breakout confirms the positive momentum and one should keep a buy approach with immediate support at 40200. The index closed above the past 10 days' high with a sharp surge in volumes which confirms the strength of the index. The index surpassed its 200 dma which acts as a change of polarity.
Above views are of the author and not of the website kindly read disclaimer
Latest News
APL Apollo Tubes declines on reporting 16% fall in Q...
India`s water infrastructure industry estimated to r...
Escorts Kubota gains on planning to invest Rs 4,500 ...
Piramal Pharma shines on reporting 2- fold jump in Q...
Rupee weakens marginally against US dollar on Monday
Stock of the day : Sun TV Network Ltd. For Target Rs...
Adani Enterprises rises on planning to spend Rs 80,0...
Bajaj Finserv MF introduces Nifty 1D Rate Liquid ETF
Indegene makes strong debut; lists with 45.95% premi...
Stock Picks : Hindustan Unilever Ltd And Federal Ban...
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Nifty registers best week in 2 months after rising for 6 consecutive sessions
Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities