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Quote on Bank Nifty : The Bank Nifty index witnessed some selling pressure from higher levels Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 06 March 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The BANK NIFTY index witnessed some selling pressure from higher levels but the broader trend remains bullish and one should keep a buy-on-dip approach. The index lower-end support stands at 41000 where the highest open interest is built up on the put side and the upside resistance is at 42000. The index is likely to trade in this range for the next couple of trading sessions.
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