Quote on Bank Nifty : The Bank Nifty index remains under the control of the 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
Below View on Bank Nifty 03 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty index remains under the control of the bears, leading to a correction with the index reaching the 44500-44400 zone.This zone holds critical importance as it acts as a crucial support level for the index. If the index fails to sustain this level, further downside movements might be expected towards 44000 levels.However, there is a possibility of a pullback if the index manages to sustain the current support zone. In that case, the index could potentially move towards 45000 or 45200 levels.
Above views are of the author and not of the website kindly read disclaimer
.jpg)
347.jpg)
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Performance of the market for the first half of 2022 and outlook for next six months By Mr. ...
