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Quote on Bank Nifty : The index to resume the up move must surpass the level of 42000 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 6 February 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The BANK NIFTY index faced range-bound trading between 41000-42000 levels where the bulls and the bears were active. The index to resume the up move must surpass the level of 42000 on the upside on a closing basis. The undertone remains bullish and one should keep a buy-on-dip approach with immediate strong support at the 41500-41400 zone."
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