Quote on Bank Nifty: The Bank Nifty index continued to witness volatile moves Says Kunal Shah, LKP Securities
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Below View on Bank Nifty 17 January 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty index continued to witness volatile moves, and it ended on a flat note. The index is stuck in a broad range between 41,800 and 42,700, and a break on either side will lead to trending moves. The second half of the session belonged to the bulls, and if the momentum has to be maintained, it has to surpass the level of 42400, where the immediate resistance is visible.
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