Quote on Bank Nifty : The Bank nifty bulls came back strong and the index managed to hold the support of 41,000 on the downside Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 08 March 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank nifty bulls came back strong and the index managed to hold the support of 41,000 on the downside. The index is likely to trade in the range of 41000-42000 but within the range, the undertone remains bullish and one should keep a buy-on-dip approach with immediate support at the 41200 level. The resistance of 42000 if taken out will open up the gates for a further up move towards 43,000 levels.
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