View on Bank Nifty : The Bank Nifty index formed an inside bar candle on the daily chart which indicates the market By Kunal Shah, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
View on Bank Nifty 12 July 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index formed an inside bar candle on the daily chart which indicates the market is stuck between the range of 35,000-35,600. The undertone remains bullish as long as the mentioned support of 35,000 is held on a closing basis. The upside resistance if taken out will see a quick move towards the level of 36000 where the highest open interest is built up on the call side."
Above views are of the author and not of the website kindly read disclaimer
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
More News
Daily market commentary : Nifty after opening on a flat note, saw some momentum for major pa...
