Quote on Bank Nifty: The index to resume the up move must surpass the level of 43,500 Says Kunal Shah, LKP Securities
Below View on Bank Nifty 01 December 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The BANK NIFTY index faced range-bound trading between 43,000-43,500 levels where the bulls and the bears were active. The index to resume the up move must surpass the level of 43,500 on the upside on a closing basis. The undertone remains bullish and one should keep a buy-on-dip approach with strong support at the 43,000-42,800 zone."
Above views are of the author and not of the website kindly read disclaimer
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities