320-x-100_uti_gold.jpg" alt="Advertisement">
Quote on Bank Nifty : Bank Nifty witnessed a strong recovery by the bulls after a weak start 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
Below View on Bank Nifty 05 May 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
Bank Nifty witnessed a strong recovery by the bulls after a weak start. The support level at 43,000 demonstrated a strong demand zone. Currently, there is immediate resistance at 43,500, and surpassing this level would clear the way for further gains toward 44,000. Market participants are keeping a close eye on the upcoming US CPI inflation data, and positive comments by the Federal Reserve Chairman have the potential to restore momentum in the market.
Above views are of the author and not of the website kindly read disclaimer
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
October 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
