Quote on Bank Nifty : The Bank Nifty index remains under the control of the bears Says Kunal Shah, LKP Securities

3/08/2023 6:24:10 PM | Source: LKP Securities Ltd

Quote on Bank Nifty : The Bank Nifty index remains under the control of the bears Says Kunal Shah, LKP Securities

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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.

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Quote on Bank Nifty : The Bank Nifty index remains under the control of the bears Says Kunal Shah, LKP Securities

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