View on Bank Nifty : The Bank Nifty index continued to face selling pressure Says Kunal Shah, LKP Securities
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View on Bank Nifty 14 July 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index continued to face selling pressure from higher levels and faced stiff resistance at the 35,200-35,300 zone. The lower-end support stands at 34,400 and if breached will lead to further selling pressure towards 34000. The index is broadly stuck in a range between 34,400-35,300 zones and a break on either side will lead to trending moves."
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