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