Quote on Bank Nifty: The BANK NIFTY bulls came back with full strength and knocked out the bears Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 24 November 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The BANK NIFTY bulls came back with full strength and knocked out the bears from the resistance zone of 42,600-42,800 on the last day of monthly expiry. It has witnessed a fresh breakout on the daily chart, pushing it higher towards the level of 44,000 in the near term. The lower-end support is now visible at 42,600 which will act as a cushion for the bulls. The broader participation will resume in markets helping it to scale on the higher end."
Above views are of the author and not of the website kindly read disclaimer
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