Quote on Bank Nifty : The Bank Nifty index remains under bullish momentum, finding support within the 44300-44200 zone Says Kunal Shah, LKP Securities
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
Top News
UK's BII to invest in new Mahindra Electric Vehicle unit at $9 billion valuation, shares soar
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Pre-market comment by Deven Mehata, Choice Broking Ltd