Quote on Bank Nifty : The index remains in a sell-on-rise mode with strong resistance at 41,000 Says Kunal Shah, LKP Securities

13/03/2023 4:43:49 PM | Source: LKP Securities

Quote on Bank Nifty : The index remains in a sell-on-rise mode with strong resistance at 41,000 Says Kunal Shah, LKP Securities

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Below View on Bank Nifty 13 March 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

The bears attacked the index with full force and the market index continued to slide down throughout the day. The index remains in a sell-on-rise mode with strong resistance at 41,000 where aggressive call writing has been observed. The index immediate support stands at 39,500 and can witness a pullback rally if it manages to hold it.

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Quote on Bank Nifty : The index remains in a sell-on-rise mode with strong resistance at 41,000 Says Kunal Shah, LKP Securities

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