Powered by: Motilal Oswal
26/08/2022 4:54:46 PM | Source: LKP Securities Ltd
View on Bank Nifty : The Bank Nifty index continued to face stiff selling pressure Says Kunal Shah, LKP Securities
News By Tags | #607 #4907 #2951 #879
View on Bank Nifty : The Bank Nifty index continued to face stiff selling pressure Says Kunal Shah, LKP Securities

View on Bank Nifty 26 August 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

"The Bank Nifty index continued to face stiff selling pressure around 39,500 levels where fresh call writing has been witnessed. The index ahead of the global economic events is stuck in a broad range between 38,500-39,500 levels and a break on either side will give trending moves. The traders should trade with strict risk management as September has been the series where the index has seen more than 5% move."

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here