View on Bank Nifty : The index remains in a buy-on-dip mode with immediate support Says Kunal Shah, LKP Securities
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View on Bank Nifty 24 August 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index was the clear outperformer in today's trading session and has surpassed the immediate hurdle of 39,000. The index remains in a buy-on-dip mode with immediate support at the 38,500 level where a strong base has been formed. The next hurdle on the upside is placed at 39,200 and once taken out will see further short covering towards the 40,000 level on the upside."
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