View on Bank Nifty : The Index remains in a buy-on-dip mode with immediate support at the 36800 level Says Kunal Shah, LKP Securities
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View on Bank Nifty 29 July 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The week ended on a high note with the bulls in bank nifty having complete control and thrashing the bears left right and center. The Index remains in a buy-on-dip mode with immediate support at the 36800 level. The upside resistance stands at 38,000 where the highest open interest is built up on the call side and once breached will see a further rally towards the 38,500-39,000 zone."
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