Quote on Bank Nifty: The Bank Nifty bulls managed to hold the support level of 41,700 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 13 January 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty bulls managed to hold the support level of 41,700 on the downside, and the index moved higher throughout the day. The bulls, however, to reclaim full control, will have to surpass the level of 43,000 on a continuing basis. The undertone remains bullish and traders should continue to buy on dips as long as the index remains above 41,700.
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