View on Bank Nifty : The Nifty bank has remained volatile with mostly positive bias By Rupak De, LKP Securities
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Below are View on Bank Nifty 11 July 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty bank has remained volatile with mostly positive bias. The index remained above the channel breakout point on the daily timeframe. The momentum oscillator RSI maintains its bullish crossover. The short-term trend is likely to remain positive as long as it holds above 34500. On the higher end, resistance is visible at 36500."
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