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Quote on Bank Nifty : The Bank Nifty as the index ended in the green Says Rupak De, LKP Securities
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Below View on Bank Nifty 26 April 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Bulls have kept their hold on the Bank Nifty as the index ended in the green, recovering from the morning losses. In the short term, the trend remains bullish with the new range for traders being 42500-43000, where writers have significant build-up. On the lower end, a fall below 42500 may trigger panic in the banking space; whereas on the higher end, a decisive rise above 43000 may induce further rally.
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