Quote on Bank Nifty: The Bank Nifty index after a spectacular rally witnessed some profit booking on the last day of the week Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 25 November 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index after a spectacular rally witnessed some profit booking on the last day of the week. The index undertone remains bullish and one should keep a buy-on-dip approach with 42,800-42,500 as a strong support zone. The upside resistance is seen at 43,500 and once breached will see a sharp short covering towards 44,000-44,300 levels."
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