07-12-2022 03:59 PM | Source: LKP Securities Ltd
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
News By Tags | #607 #4907 #2951 #879

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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."

 

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