Quote on Bank Nifty: The Bank Nifty started lower and remained sideward throughout the session Says Rupak De, LKP Securities
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Below View on Bank Nifty 02 November 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"The Bank Nifty started lower and remained sideward throughout the session. During the day Put writers have protected 43,000 levels; whereas on the higher end the index failed to move beyond 43,150. The daily RSI has entered a bearish crossover. Over the short term the trend is likely to remain sideways to negative. On the lower end, support is visible at 42,900/42,700. Resistance on the higher end is visible at 43,200/43,500."
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