Quote on Bank Nifty : The index immediate hurdle on the upside stands at 41000 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 2 February 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty index witnessed extreme volatility throughout the day, but the index managed to hold the support level of 40.000 on the downside. The index immediate hurdle on the upside stands at 41000, and if breached decisively, we will witness a short covering towards 41500. The index remains in "buy on dip" mode as long as the mentioned support levels are held.
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