View on Bank Nifty : Index surpassed the resistance of 35000 level which will now act as support on the downside Says Kunal Shah, LKP Securities
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View on Bank Nifty 18 July 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank nifty index surpassed the resistance of 35000 level which will now act as support on the downside. The index is likely to move on the upside further with strong long positions add up on the fno data. The next resistance is placed at 36000 where the highest open interest is built up on the call side."
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