Powered by: Motilal Oswal
Related News
08-08-2023 05:47 PM | Source: LKP Securities Ltd
Quote on Bank Nifty : The Bank Nifty index is currently experiencing a struggle between the bulls and bears Says Kunal Shah, LKP Securities
News By Tags | #2730 #607 #4907 #2951 #879 #1014 #59

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 08 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

 

The Bank Nifty index is currently experiencing a struggle between the bulls and bears, resulting in a consolidation phase.There is a visible support level at 44800, and if the index breaks below this level, it could trigger further downside movements towards 44600.On the upside, a resistance level is apparent at 45150. If the index successfully breaks above this resistance level, it may pave the way for a clearer upward move towards levels around 45400-45500.

 

Above views are of the author and not of the website kindly read disclaimer

Latest News
PharmEasy further loses its valuation to $456 million
GeM registers 1.69 lakh women-led MSMEs for governme...
Priority is to take ease of doing business in the st...
Adani`s Vizhinjam port welcomes 100th vessel within ...
Pantomath Group`s report predicts record-breaking IP...
Quote on?Market Wrap by Shrikant Chouhan, Head Equit...
Cellecor Gadgets Limited expands Market Reach throug...
How India Swiggy`d 2024: Swiggy Instamart Edition
Share market ends flat, Adani Ports top gainer
India considers cutting personal income tax to lift ...

Top News

Bonds stung, dollar cheered by sudden hawkish turn at Fed
Apollo Hospitals trades jubilantly on reporting 42% rise in Q3 consolidated net profit
Apollo Hospitals trades jubilantly on reporting 42% rise in Q3 consolidated net profit
Bank, infra cos, OMCs on a high; chemicals, metals don`t shine
Bank, infra cos, OMCs on a high; chemicals, metals don`t shine
Dollar tracks global yields lower; sterling heavy
Dollar tracks global yields lower; sterling heavy

Tag News

Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...

Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Nifty registers best week in 2 months after rising for 6 consecutive sessions
Nifty registers best week in 2 months after rising for 6 consecutive sessions
Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities
Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities

More News

Market Wrap Up : Weak global cues continue to spook our markets Says Mr. Osho Krishan, Angel...
The Nifty Bank index is almost flat this year with measly growth of 0.87% Says Dr. V K Vijayakumar, Geojit Financial Services
The Nifty Bank index is almost flat this year with measly growth of 0.87% Says Dr. V K Vijayakumar, Geojit Financial Services
Weekly Technical Report September 14 by Shrey Jain, Founder & CEO, SAS Online - a deep discount broker.
Weekly Technical Report September 14 by Shrey Jain, Founder & CEO, SAS Online - a deep discount broker.
Most Mid Market Update : Market breadth is positive which indicates that there support based buying at lower levels Says Chandan Taparia, Motilal Oswal Financial Services
Most Mid Market Update : Market breadth is positive which indicates that there support based buying at lower levels Says Chanda...