Quote on Bank Nifty : The Bank Nifty index saw the bulls hold a support level of 43400 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 20 June 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank NIFTY index saw the bulls hold a support level of 43400. Currently, the index is trading within a broad range between 43400 and 44000. A breakout on either side of this range is likely to result in trending moves. As long as the support level of 43400 is held, a buy-on-dip approach is suggested. Once the index surpasses the level of 44000 it will witness sharp short covering on the upside towards 45000 levels.
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