01-09-2023 04:47 PM | Source: LKP Securities Ltd
Quote on Bank Nifty: The Bank Nifty index experienced some buying momentum and held the support level of 42,000 Says Kunal Shah, LKP Securities
Below View on Bank Nifty 09 January 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Bank Nifty index experienced some buying momentum and held the support level of 42,000, where aggressive put writing was observed. The is stuck in a broad range between 42,000 and 43,000, and a break on either side will provide a clear direction. The index within the range remains in a buy-on-dip mode, indicating upside targets of 42,900/43,000.
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