View on Bank Nifty : The Bank Nifty index is stuck in a broad range of 1500 points Says Kunal Shah, LKP Securities
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View on Bank Nifty 07 September 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index is stuck in a broad range of 1500 points where stiff resistance is visible at 40,000 and support is seen at 38,500. The index will witness a trending move on a break on either side. The immediate support stands at 39,200 and if breached will see a further decline toward the 38,800-38,500 zone. The bias remains on the buy side as long as the mentioned support level is held."
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