Powered by: Motilal Oswal
09-04-2023 05:18 PM | Source: LKP Securities
Quote on Bank Nifty : The Bank Nifty index remains under bullish momentum, finding support within the 44300-44200 zone 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 04 September 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

"The Bank Nifty index remains under bullish momentum, finding support within the 44300-44200 zone, which serves as a safety net for the bulls. The immediate obstacle on the upside is situated at the 44600-44650 zone. A successful breach above this resistance level would pave the way for further upward movement, potentially targeting the 45000 level, where a substantial amount of open interest exists on the call side, making it a key area to watch."

 

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