View on Bank Nifty : The Bank index witnessed selling pressure from higher levels Says Kunal Shah, LKP Securities
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View on Bank Nifty 25 August 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank index witnessed selling pressure from higher levels and failed to surpass the hurdle of 39,500 on the upside. The immediate downside support stands at the 38,500-38,400 zone and if breached will lead to further selling pressure on the downside. The index needs to break the range of 38,500-39,500 for decisive trending moves on either side."
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