Quote on Bank Nifty : The Bank Nifty bulls managed to hold the support of 39,000 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 20 March 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty bulls managed to hold the support of 39,000 and formed a hammer pattern on the daily chart. The index remains in buy mode as long as it holds the support of 39,000 on a closing basis. The immediate upside hurdle is visible at the 39,700 - 39,800 zone and a break above this will lead to further short covering on the upside.
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