Quote on Bank Nifty : The Bank Nifty slipped lower after a few days of consolidation Says Rupak De, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below View on Bank Nifty 10 March 2023 By Rupak De, Senior Technical Analyst at LKP Securities
The Bank Nifty slipped lower after a few days of consolidation. On the weekly chart, a dark cloud cover pattern is formed, indicating a bearish reversal in the trend. On the daily chart, the index has fallen below its 14-day moving average, indicating bearishness. On the lower end, the index may drift down towards 39650–39500. On the higher end, 41,000 is likely to remain a resistance.
Above views are of the author and not of the website kindly read disclaimer
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Weekly Note on Market By Mr. Apurva Sheth, Samco Securities
