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Quote on Bank Nifty : Bank Nifty faced selling pressure as it slipped below 46000 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 25 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
Bank Nifty faced selling pressure as it slipped below 46000. Profit booking has been evident for the past two days. The Relative Strength Index (RSI) indicates a bearish crossover. The support level is positioned at 45500, and resistance is at 46000. Traders should closely monitor these levels as they may influence the index's future direction.
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