Quote on Bank Nifty : The Bank Nifty index continued to trade in a broad range ahead of the RBI policy where in 41,000 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 7 February 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The BANK NIFTY index continued to trade in a broad range ahead of the RBI policy where in 41,000 is a support and 42,000 is a resistance. The index needs to break this range on either side decisively for trending moves. The undertone remains bearish within the range and once should keep a buy-on-dip approach.
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