Quote on Bank Nifty : The Bank Nifty index continued to witness selling pressure from higher levels Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 14 March 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The BANK NIFTY index continued to witness selling pressure from higher levels and tested the support zone of 39,500-39,400. The index has formed a doji candle on the daily chart which indicates indecisiveness amongst the participants. The index, if it manages to hold the level of 39,400 can witness some pullback rally towards 40,000.
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