Quote on Bank Nifty : The immediate hurdle on the upside is placed at 43,500 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 08 May 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The BANK NIFTY bulls after Friday's sell-off once again witnessed buying momentum and the index surpassed the level of 43,000 which will now act as support on the downside. The immediate hurdle on the upside is placed at 43,500 and once taken out on a closing basis will witness a sharp short covering towards all-time high levels.
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