Quote on Bank Nifty : The Bank Nifty index is currently experiencing a struggle between the bulls and bears 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
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the 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
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Morning Nifty, Derivative and Rupee comments 27 July 2022 by Anand James, Geojit Financial S...
