320-x-100_uti_gold.jpg" alt="Advertisement">
Quote on Bank Nifty : The Bank Nifty index has shown a resilient performance as the bulls managed to hold the support level of 45000 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 06 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty index has shown a resilient performance as the bulls managed to hold the support level of 45000, which is considered a crucial make-or-break level for the index.The bears have been active around the 45500 level. However, if the index successfully surpasses this level on a closing basis, it is likely to witness further upward movement toward the 46000 level.Given the overall bullish undertone, it is advisable to adopt a buy-on-dip approach as long as the mentioned support level of 45000 is held.
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...
