Quote on Bank Nifty : The Bank Nifty index witnessed a stellar outperformance in the previous week Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 02 May 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The BANK NIFTY index witnessed a stellar outperformance in the previous week and is now trading at a critical resistance zone of 43,500. The index needs to surpass this level on a closing basis to continue the momentum to a time-high level. The downside support is visible at the 43,000-42,800 zone and any dip towards this support zone will be an ideal opportunity to create fresh long positions.
Above views are of the author and not of the website kindly read disclaimer
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