Quote on Bank Nifty: The Bank Nifty index continued its upward momentum and closed just above the critical hurdle of 44,000 Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 14 December 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index continued its upward momentum and closed just above the critical hurdle of 44,000 where the highest open interest is built up on the call side. The index in order to continue the momentum on the upside must sustain above the 44,000 level to continue the rally towards 45,000 on the upside. After the spectacular rally in PSU banks now it's time for the private banks to fire up and carry the momentum higher."
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