01-01-1970 12:00 AM | Source: LKP Securities Ltd
Quote on Bank Nifty : The Bank Nifty index witnessed some profit booking at a higher level Says Kunal Shah, LKP Securities
Below View on Bank Nifty 16 May 2023 By Kunal Shah, Senior Technical Analyst at LKP Securities
The BANK NIFTY index witnessed some profit booking at a higher level and the major contributors were HDFC twins. The index, if sustains below 44,000, can witness further correction towards 43,500 where the highest open interest is built up on the put side. The momentum indicator RSI is showing negative divergence which confirms the bearishness.
Above views are of the author and not of the website kindly read disclaimer
Latest News
Buy Copper Above 880 SL Below 875 TGT 886/890 - Axis...
`It was Chahal & Kuldeep`s idea`: Rohit on unique wa...
?Bigg Boss OTT 3?: Munisha Khatwani opens up about d...
Evening Roundup : A Daily Report on Bullion Energy &...
Tata Power launches rooftop solar initiative for hom...
Quote on Jewellery Retail- Budget Expectation by MP ...
Quote on Finance/Fintech Pre-budget expectation by S...
ULBs in UP to contribute to goal of $1 trillion economy
Quote on Budget Expectation Argi-Commodity- FMCG Sec...
CyberPeace Foundation, NCW aims for 10 lakh women`s ...
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Nifty registers best week in 2 months after rising for 6 consecutive sessions
Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities
More News
Daily Market Analysis : Markets traded volatile for yet another sessionsays Ajit Mishra, Rel...
Market Quote : The better-than-expected US Q2 GDP data, though positive Says Mr. Vinod Nair, Geojit Financial Services
Daily Market Commentary : Domestic equities along with its Asian peers were subdued after China reported weak trade data Says M...
Quote on Morning market 11 April 2022 By Dr. V K Vijayakumar, Geojit Financial