Quote on Bank Nifty : The immediate resistance for the index is at 44000and the downside support is at 43500 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 12 May 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The BANK NIFTY bulls continued to hold their long positions and the intraday dip was utilized to maintain strength. The immediate resistance for the index is at 44000and the downside support is at 43500. Karnataka polls will be crucial for the markets which will decide the direction in the next week. The index surpasses the level of 44000 and will touch its all-time high level"
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