View on Bank Nifty : The Bank Nifty index witnessed volatility throughout the day and ended negatively Says Kunal Shah, LKP Securities
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View on Bank Nifty 01 September 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index witnessed volatility throughout the day and ended negatively. After a gap-down opening, the index managed to hold the support of 38,800-38,500 on the downside, indicating the bias remains on the positive side. The immediate hurdle on the upside is placed at 39,500 and once taken out will see a sharp move on the upside towards 41,000 levels."
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