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Quote on Bank Nifty : The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control Says Kunal Shah, LKP Securities Below View on Bank Nifty 08 September 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control. Following the breakthrough of the resistance level at 44,650, there was a sharp rally of 600 points. The next significant hurdle on the upside is situated at 45,500, where the highest open interest is concentrated. The index maintains a "buy on dip" mode, with r...
Quote on Bank Nifty : The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control Says Kunal Shah, LKP Securities
Source: LKP Securities
8/09/2023 5:42:13 PM
Quote on Bank Nifty : This breakout was accompanied by a notable increase in trading volumes Says Kunal Shah, LKP Securities Below View on Bank Nifty 07 September 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index has recently experienced a fresh breakout on the daily chart. This breakout was accompanied by a notable increase in trading volumes.TA robust support level has formed at 44500, which also coincides with the index's 20-day moving average (20DMA). This level is expected to provide significant support to the index.The index succes...
Quote on Bank Nifty : This breakout was accompanied by a notable increase in trading volumes Says Kunal Shah, LKP Securities
Quote on Bank Nifty : This breakout was accompanied by a notable increase in trading volumes Says Kunal Shah, LKP Securities
Source: LKP Securities
7/09/2023 5:04:58 PM
Quote on Bank Nifty : The Bank Nifty index is currently consolidating within a defined range Says Kunal Shah, LKP Securities Below View on Bank Nifty 05 September 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index is currently consolidating within a defined range, with support at 44,500 and resistance at 44,650. Despite the consolidation, a bullish undertone is observed, and traders are encouraged to consider buying on dips, with strong support around 44,300-44,200. A breakout above 44700 could lead to further upside moves, especially towards...
Quote on Bank Nifty : The Bank Nifty index is currently consolidating within a defined range Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index is currently consolidating within a defined range Says Kunal Shah, LKP Securities
Source: LKP Securities
5/09/2023 5:11:09 PM
Quote on Bank Nifty : The Bank Nifty index remains under bullish momentum, finding support within the 44300-44200 zone Says Kunal Shah, LKP Securities Below View on Bank Nifty 04 September 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index remains under bullish momentum, finding support within the 44300-44200 zone, which serves as a safety net for the bulls. The immediate obstacle on the upside is situated at the 44600-44650 zone. A successful breach above this resistance level would pave the way for further upward movement, potentially targeting the 45000 level, wher...
Quote on Bank Nifty : The Bank Nifty index remains under bullish momentum, finding support within the 44300-44200 zone Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index remains under bullish momentum, finding support within the 44300-44200 zone Says Kunal Shah, LKP Securities
Source: LKP Securities
4/09/2023 5:18:04 PM
Quote on Bank Nifty : The upcoming sessions are crucial for the bulls as they aim to defend the critical support zone of 44000-43800 Says Kunal Shah, LKP Securities Below View on Bank Nifty 31 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "During the last day of August expiry, the BankNifty index faced persistent selling pressure from the bears, ultimately leading to a negative close of 0.35% for the day. The upcoming sessions are crucial for the bulls as they aim to defend the critical support zone of 44000-43800. Failure to hold this support level could trigger additional declines, po...
Quote on Bank Nifty : The upcoming sessions are crucial for the bulls as they aim to defend the critical support zone of 44000-43800 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The upcoming sessions are crucial for the bulls as they aim to defend the critical support zone of 44000-43800 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
31/08/2023 5:09:48 PM
Quote on Bank Nifty : Below View on Bank Nifty 30 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index experienced a significant bearish takeover, leading to a rapid correction of 600 points from the day's high. As the index navigates this downward movement, its next significant support on the downside is positioned at 44000. This level is crucial, given the substantial open interest built up on the put side.The overall market ...
Quote on Bank Nifty :
Quote on Bank Nifty : "The Bank Nifty index experienced a significant bearish takeover, leading to a rapid correction of 600 points from the day`s high Says Kunal Shah, LKP Securities
Source: LKP Securities
30/08/2023 5:41:02 PM
Quote on Nifty : he Nifty index encountered a robust resurgence of bearish momentum, Says Kunal Shah, LKP Securities Below View on Nifty 30 August 2023 By Kunal Shah, Senior Technical Analyst at LKP Securities "The Nifty index encountered a robust resurgence of bearish momentum, leading to considerable selling pressure at elevated levels. Amidst this downturn, the addition of substantial open interest in the 19500CE options signifies that the index is poised to expire below the 19500 mark.In terms of technical levels, the index's immediate support on the downside is evident i...
Quote on Nifty : he Nifty index encountered a robust resurgence of bearish momentum, Says Kunal Shah, LKP Securities
Quote on Nifty : he Nifty index encountered a robust resurgence of bearish momentum, Says Kunal Shah, LKP Securities
Source: LKP Securities
30/08/2023 5:38:34 PM
Quote on Bank Nifty : The Bank Nifty index displays a robust bullish sentiment at the lower end of the range Says Kunal Shah, LKP Securities Below View on Bank Nifty 28 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index displays a robust bullish sentiment at the lower end of the range, with sustained buying interest. As long as the index maintains its hold above the key level of 44000, which coincides with significant put open interest, the prevailing stance remains on the buy side.An immediate challenge for further upside movement is positioned ...
Quote on Bank Nifty : The Bank Nifty index displays a robust bullish sentiment at the lower end of the range Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index displays a robust bullish sentiment at the lower end of the range Says Kunal Shah, LKP Securities
Source: LKP Securities
28/08/2023 4:58:25 PM
Quote on Bank Nifty : The Bank Nifty index witnessed an ongoing struggle between bulls and bears Says Kunal Shah, LKP Securities Below View on Bank Nifty 25 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index witnessed an ongoing struggle between bulls and bears, resulting in a phase of range-bound trading.The support level is clearly visible around 44000, coinciding with significant put writing, which could act as a stronghold against downward movements. Conversely, resistance can be observed around 45000, where the highest open inter...
Quote on Bank Nifty : The Bank Nifty index witnessed an ongoing struggle between bulls and bears Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index witnessed an ongoing struggle between bulls and bears Says Kunal Shah, LKP Securities
Source: LKP Securities
25/08/2023 5:29:38 PM
Quote on Bank Nifty : The range of movement seems to be established between 44000 and 45000 Says Kunal Shah, LKP Securities Below View on Bank Nifty 24 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index recently encountered selling pressure from elevated levels and is now displaying indications of range-bound trading. The range of movement seems to be established between 44000 and 45000, a zone where substantial put and call writing activities are evident. In the current scenario, the index's immediate support lies at 44200. If th...
Quote on Bank Nifty : The range of movement seems to be established between 44000 and 45000 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The range of movement seems to be established between 44000 and 45000 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
24/08/2023 4:32:55 PM
Quote on Bank Nifty : The Bank Nifty index exhibited a powerful bullish resurgence, effectively overpowering the bearish sentiment Says Kunal Shah, LKP Securities Below View on Bank Nifty 23 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index exhibited a powerful bullish resurgence, effectively overpowering the bearish sentiment. Notably, buying activity was observed in both private and public sector banks, showcasing strong confidence. The critical resistance at 44200 was convincingly breached, supported by substantial trading volumes, leading to an extension of the upward move...
Quote on Bank Nifty : The Bank Nifty index exhibited a powerful bullish resurgence, effectively overpowering the bearish sentiment Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index exhibited a powerful bullish resurgence, effectively overpowering the bearish sentiment Says Kunal Shah, LKP Securities
Source: LKP Securities
23/08/2023 5:10:03 PM
Quote on Bank Nifty : The Bank Nifty saw a recent attempt by bulls to defend the support around 43750 Says Kunal Shah, LKP Securities Below View on Bank Nifty 21 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty saw a recent attempt by bulls to defend the support around 43750, coinciding with the 100DMA. Maintaining this support suggests a bullish stance for the index.Immediate resistance lies at 44200. A breakthrough could pave the way for further gains towards 44500.The momentum indicator, RSI, trading in oversold territory, signals the poten...
Quote on Bank Nifty : The Bank Nifty saw a recent attempt by bulls to defend the support around 43750 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty saw a recent attempt by bulls to defend the support around 43750 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
21/08/2023 4:45:03 PM
Quote on Bank Nifty : The Bank Nifty index is persistently encountering resistance at the 44000 level Says Kunal Shah, LKP Securities Below View on Bank Nifty 18 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index is persistently encountering resistance at the 44000 level, where the call side holds the highest open interest.The lower end of the support is noticeable around 43600, which aligns with the presence of the 100-day moving average (DMA). If this support level is breached, it could trigger additional selling pressure in the market. ...
Quote on Bank Nifty : The Bank Nifty index is persistently encountering resistance at the 44000 level Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index is persistently encountering resistance at the 44000 level Says Kunal Shah, LKP Securities
Source: LKP Securities
18/08/2023 5:00:02 PM
Quote on Bank Nifty : This possibility becomes more significant if the mentioned support level holds Says Kunal Shah, LKP Securities Below View on Bank Nifty 17 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   "The Bank Nifty index displayed resilience by maintaining the support level of 43600, which aligns with its 100-day moving average (100DMA). This support zone becomes crucial for adopting a buy-on-dip strategy.A key resistance level at 44200 awaits, and surpassing it could trigger short-covering and a potential move towards the 45000 level.Th...
Quote on Bank Nifty : This possibility becomes more significant if the mentioned support level holds Says Kunal Shah, LKP Securities
Quote on Bank Nifty : This possibility becomes more significant if the mentioned support level holds Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
17/08/2023 4:56:41 PM
Quote on Bank Nifty : The Bank Nifty index recently found support at a crucial level Says Kunal Shah, LKP Securities Below View on Nifty 15 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index recently found support at a crucial level, the 100-day moving average (DMA), positioned at 43600.The index's potential to experience a pullback rally is contingent on maintaining this level above the 100DMA on a closing basis.The immediate obstacle for the index is situated around 44000. An upward breach beyond this level could validate...
Quote on Bank Nifty : The Bank Nifty index recently found support at a crucial level Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index recently found support at a crucial level Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
16/08/2023 5:26:15 PM
Quote on Bank Nifty : Looking ahead, the index`s next significant support is positioned at 43700 Says Kunal Shah, LKP Securities Below View on Bank Nifty 11 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank Nifty index is currently dominated by bears, as evidenced by the breach of the crucial support level at 44400 on a closing basis.The prevailing sentiment seems to lean towards selling on rallies, with an immediate resistance level observed around 44500.Looking ahead, the index's next significant support is positioned at 43700, which might ...
Quote on Bank Nifty : Looking ahead, the index`s next significant support is positioned at 43700 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : Looking ahead, the index`s next significant support is positioned at 43700 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
11/08/2023 4:49:38 PM
Quote on Bank Nifty : Support can be identified around the 44400 level Says Kunal Shah, LKP Securities Below View on Bank Nifty 10 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   After the RBI policy, the Bank Nifty index encountered significant selling pressure, leading to a challenging situation. A substantial resistance is evident at the 45000 mark. Breaking through this resistance level could be demanding due to the prevailing selling pressure.Support can be identified around the 44400 level. A drop below this support ...
Quote on Bank Nifty : Support can be identified around the 44400 level Says Kunal Shah, LKP Securities
Quote on Bank Nifty : Support can be identified around the 44400 level Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
10/08/2023 4:59:10 PM
Quote on Bank Nifty : A clear and decisive market move is expected only after the policy announcement Says Kunal Shah, LKP Securities Below View on Bank Nifty 09 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index remains caught in a struggle between the bulls and bears, particularly in anticipation of the upcoming RBI policy. A clear and decisive market move is expected only after the policy announcement, as this event could potentially influence the market sentiment significantly. There is a support level evident at 44500, while a resistance l...
Quote on Bank Nifty : A clear and decisive market move is expected only after the policy announcement Says Kunal Shah, LKP Securities
Quote on Bank Nifty : A clear and decisive market move is expected only after the policy announcement Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
9/08/2023 7:19:05 PM
Quote on Nifty : The Nifty index experienced a strong resurgence of bullish momentum Says Kunal Shah, LKP Securities Below View on Nifty 09 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Nifty index experienced a strong resurgence of bullish momentum, resulting in a sharp recovery from its previous lower levels. At present, the index is positioned in close proximity to a critical resistance zone at 19640, which aligns with its 20-day moving average (20DMA).A conclusive break above the 19700 level, especially on a closing basis, would not only si...
Quote on Nifty : The Nifty index experienced a strong resurgence of bullish momentum Says Kunal Shah, LKP Securities
Quote on Nifty : The Nifty index experienced a strong resurgence of bullish momentum Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
9/08/2023 7:13:36 PM
Quote on Bank Nifty : The Bank Nifty index is currently experiencing a struggle between the bulls and bears Says Kunal Shah, LKP Securities Below View on Bank Nifty 08 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank Nifty index is currently experiencing a struggle between the bulls and bears, resulting in a consolidation phase.There is a visible support level at 44800, and if the index breaks below this level, it could trigger further downside movements towards 44600.On the upside, a resistance level is apparent at 45150. If the index successfully breaks ...
Quote on Bank Nifty : The Bank Nifty index is currently experiencing a struggle between the bulls and bears Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index is currently experiencing a struggle between the bulls and bears Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
8/08/2023 5:47:25 PM
Quote on Bank Nifty : The Bank Nifty index is currently in a consolidation phase, Says Kunal Shah, LKP Securities Below View on Bank Nifty 07 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index is currently in a consolidation phase, with a visible support level at 44500 and a resistance level at 45100. Traders should consider utilizing opportunities presented within this range to establish positions according to their respective strategies. A clear directional move is anticipated only after a decisive breakout on either side of t...
Quote on Bank Nifty : The Bank Nifty index is currently in a consolidation phase, Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index is currently in a consolidation phase, Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
7/08/2023 5:19:01 PM
Quote on Bank Nifty : A notable resistance level can be observed at 45800 Says Kunal Shah, LKP Securities Below View on Bank Nifty 04 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities Following a significant drop, the Bank Nifty index managed to regain some ground and concluded the day with a positive outcome.The bears demonstrated activity around the 45200 level. A conclusive break above this level, particularly on a closing basis, could initiate further upward movement, potentially targeting levels around 45800 or even 46000.On the downside...
Quote on Bank Nifty : A notable resistance level can be observed at 45800 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : A notable resistance level can be observed at 45800 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
4/08/2023 5:44:20 PM
Quote on Bank Nifty : The Bank Nifty index remains under the control of the bears Says Kunal Shah, LKP Securities Below View on Bank Nifty 03 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index remains under the control of the bears, leading to a correction with the index reaching the 44500-44400 zone.This zone holds critical importance as it acts as a crucial support level for the index. If the index fails to sustain this level, further downside movements might be expected towards 44000 levels.However, there is a possibility of a ...
Quote on Bank Nifty : The Bank Nifty index remains under the control of the bears Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index remains under the control of the bears Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
3/08/2023 6:24:10 PM
Quote on Bank Nifty : .On the downside, the index has the next support at 44600/44500 levels Says Kunal Shah, LKP Securities Below View on Bank Nifty 01 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index faced a bearish scenario as the bears took control, resulting in a breakdown from a rising trendline accompanied by increased trading volumes.Currently, the immediate resistance level for the index is at 45200. If the index manages to break above this resistance, it could potentially trigger some buying activity in the market.On the downside...
Quote on Bank Nifty : .On the downside, the index has the next support at 44600/44500 levels Says Kunal Shah, LKP Securities
Quote on Bank Nifty : .On the downside, the index has the next support at 44600/44500 levels Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
2/08/2023 5:55:20 PM
Quote on Bank Nifty : A notable resistance level can be observed at 45800 Says Kunal Shah, LKP Securities Below View on Bank Nifty 01 August 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index is currently engaged in a persistent battle between the bulls and bears, resulting in a consolidation phase. A notable resistance level can be observed at 45800, and a decisive break above this resistance would potentially pave the way for further upside movements in the index. Conversely, a significant support level is visible at 45300. If...
Quote on Bank Nifty : A notable resistance level can be observed at 45800 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : A notable resistance level can be observed at 45800 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
1/08/2023 5:40:11 PM
Quote on Bank Nifty : The bulls successfully defended the lower levels and found support Says Kunal Shah, LKP Securities Below View on Bank Nifty 31 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The bulls successfully defended the lower levels and found support around the 20-day moving average (20DMA) positioned at 45400, suggesting their willingness to prevent further downside movements.On the other hand, the bears have been holding strong around the 45700-45800 zone, creating a significant resistance area. A break above this resistance zone would signal...
Quote on Bank Nifty : The bulls successfully defended the lower levels and found support Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The bulls successfully defended the lower levels and found support Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
31/07/2023 5:24:13 PM
Quote on Bank Nifty : he index encountered strong resistance at the 46000 level Says Kunal Shah, LKP Securities Below View on Bank Nifty 27 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index experienced a day of monthly expiry dominated by the bears, as they were in full control and overwhelmed the bulls in the market.The index encountered strong resistance at the 46000 level, which is significant as it corresponds to the point with the highest open interest on the call side. This indicates that many traders had placed call option...
Quote on Bank Nifty : he index encountered strong resistance at the 46000 level Says Kunal Shah, LKP Securities
Quote on Bank Nifty : he index encountered strong resistance at the 46000 level Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
27/07/2023 6:09:53 PM
Quote on Bank Nifty : The Bank Nifty Index is currently in a consolidation phase Says Kunal Shah, LKP Securities Below View on Bank Nifty 26 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty Index is currently in a consolidation phase, displaying a lack of significant movements ahead of the FOMC meeting, suggesting market participants are waiting for the outcome before committing to a direction.The index has established a support level at 45600 and a resistance level at 46400. A break above the resistance or below the support on a closi...
Quote on Bank Nifty : The Bank Nifty Index is currently in a consolidation phase Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty Index is currently in a consolidation phase Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
26/07/2023 5:42:24 PM
Quote on Bank Nifty : Bank Nifty faced selling pressure as it slipped below 46000 Says Kunal Shah, LKP Securities Below View on Bank Nifty 25 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities Bank Nifty faced selling pressure as it slipped below 46000. Profit booking has been evident for the past two days. The Relative Strength Index (RSI) indicates a bearish crossover. The support level is positioned at 45500, and resistance is at 46000. Traders should closely monitor these levels as they may influence the index's future direction.   Ab...
Quote on Bank Nifty : Bank Nifty faced selling pressure as it slipped below 46000 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : Bank Nifty faced selling pressure as it slipped below 46000 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
25/07/2023 5:26:26 PM
Quote on Bank Nifty : The index is experiencing a tug-of-war between the bulls and the bears Says Kunal Shah, LKP Securities Below View on Bank Nifty 24 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The index is experiencing a tug-of-war between the bulls and the bears, resulting in a sideways movement.The option data indicates that call writers and put writers are actively participating at the 46000 strike price. This suggests that market participants are uncertain about the direction of the index, leading to a potential sideways momentum.If the index sustai...
Quote on Bank Nifty : The index is experiencing a tug-of-war between the bulls and the bears Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The index is experiencing a tug-of-war between the bulls and the bears Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
24/07/2023 4:14:03 PM
Quote on Bank Nifty : The lower end support for BANKNIFTY is placed at 45900 Says Kunal Shah, LKP Securities Below View on Bank Nifty 21 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The index, BANKNIFTY, experienced a volatile trading session with both buying and selling pressure seen from market participants on both ends. This volatility indicates indecision in the market, and traders are closely monitoring the price movements.The option data suggests that the market may remain range-bound as there is significant option selling observed at t...
Quote on Bank Nifty : The lower end support for BANKNIFTY is placed at 45900 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The lower end support for BANKNIFTY is placed at 45900 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
21/07/2023 4:12:23 PM
Quote on Bank Nifty : The immediate resistance on the upside is situated at 45800 Says Kunal Shah, LKP Securities Below View on Bank Nifty 19 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index experienced buying interest from lower levels, indicating that bulls are active in the market. The index has managed to hold the support zone between 45300 and 45200, which is a positive sign for the buyers.The immediate resistance on the upside is situated at 45800. If the index manages to sustain above this level, it is likely to open up fur...
Quote on Bank Nifty : The immediate resistance on the upside is situated at 45800 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The immediate resistance on the upside is situated at 45800 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
19/07/2023 4:47:59 PM
Quote on Nifty : A key support level is observed at 45000, which may act as a significant level of support for the index Says Kunal Shah, LKP Securities Below View on Nifty 18 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The bulls are currently dominating the market, and the index has reached all-time high levels, indicating a strong upward momentum in the banking sector.The overall undertone of the index remains bullish, suggesting that the trend is likely to continue. Traders and investors may consider adopting a buy-on-dip approach, looking for opportunities to enter the market...
Quote on Nifty : A key support level is observed at 45000, which may act as a significant level of support for the index Says Kunal Shah, LKP Securities
Quote on Nifty : A key support level is observed at 45000, which may act as a significant level of support for the index Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
18/07/2023 4:23:51 PM
Quote on Nifty : surpassing the significant resistance level of 45000 with notable trading volumes Says Kunal Shah, LKP Securities Below View on Nifty 17 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The bulls made a strong comeback in the market and pushed the index higher, surpassing the significant resistance level of 45000 with notable trading volumes. This breakout indicates a shift in sentiment towards bullishness.The index is currently in a buy mode, suggesting a positive outlook for the banking sector. The strong support level is identified at 44700, w...
Quote on Nifty : surpassing the significant resistance level of 45000 with notable trading volumes Says Kunal Shah, LKP Securities
Quote on Nifty : surpassing the significant resistance level of 45000 with notable trading volumes Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
17/07/2023 5:29:39 PM
Quote on Nifty : The bears continue to dominate the market, as the index was unable to surpass the level of 45000 Says Kunal Shah, LKP Securities Below View on Nifty 13 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The bears continue to dominate the market, as the index was unable to surpass the level of 45000. This indicates a bearish sentiment in the index. On the other hand, the bulls managed to hold the support level of 44700, which suggests some buying interest at that level. However, a break below this support level may open the gates for further downside towards 44500...
Quote on Nifty : The bears continue to dominate the market, as the index was unable to surpass the level of 45000 Says Kunal Shah, LKP Securities
Quote on Nifty : The bears continue to dominate the market, as the index was unable to surpass the level of 45000 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
13/07/2023 6:04:10 PM
Quote on Bank Nifty : The bears continue to dominate the market, as the index broke below the support level of 44800 Says Kunal Shah, LKP Securities Below View on Bank Nifty 12 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The bears continue to dominate the market, as the index broke below the support level of 44800. This suggests a bearish sentiment in the index.The next support level on the downside is located at 44500 levels. If the index dips towards this level, it may present an opportunity for traders to initiate long positions, expecting a potential bounce from this...
Quote on Bank Nifty : The bears continue to dominate the market, as the index broke below the support level of 44800 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The bears continue to dominate the market, as the index broke below the support level of 44800 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
12/07/2023 4:46:12 PM
Quote on Bank Nifty : The Bank Nifty index is currently experiencing continued dominance from bears as selling pressure persists from higher levels Says Kunal Shah, LKP Securities Below View on Bank Nifty 11 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank Nifty index is currently experiencing continued dominance from bears as selling pressure persists from higher levels. The index is facing a strong resistance zone at 45200, which has proven difficult to surpass.At present, the index is trading near a crucial support zone of 44800-44750. If this support zone is breached, it is likely to lead to f...
Quote on Bank Nifty : The Bank Nifty index is currently experiencing continued dominance from bears as selling pressure persists from higher levels Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index is currently experiencing continued dominance from bears as selling pressure persists from higher levels Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
11/07/2023 6:03:21 PM
Quote on Bank Nifty : The immediate resistance for the index is placed at 45200 Says Kunal Shah, LKP Securities Below View on Bank Nifty 10 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank Nifty index has been primarily influenced by bearish sentiment as selling pressure persists from higher levels. The dominance of bears indicates a cautious market environment.The immediate resistance for the index is placed at 45200. If the index manages to break above this level, it could potentially shift the control back to the bulls.On the o...
Quote on Bank Nifty : The immediate resistance for the index is placed at 45200 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The immediate resistance for the index is placed at 45200 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd 
10/07/2023 4:47:18 PM
Quote on Bank Nifty : The Bank Nifty index experienced selling pressure from the bears, leading to a correction throughout the day Says Kunal Shah, LKP Securities Below View on Bank Nifty 07 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank Nifty index experienced selling pressure from the bears, leading to a correction throughout the day. This upper end movement by the bears suggests a potential reversal in the trend.The hurdle for the index is currently at 44500, where aggressive fresh call writing is observed. This level is expected to act as a resistance for further upside move...
Quote on Bank Nifty : The Bank Nifty index experienced selling pressure from the bears, leading to a correction throughout the day Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index experienced selling pressure from the bears, leading to a correction throughout the day Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
7/07/2023 4:14:04 PM
Quote on Bank Nifty : The Bank Nifty index has shown a resilient performance as the bulls managed to hold the support level of 45000 Says Kunal Shah, LKP Securities Below View on Bank Nifty 06 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank Nifty index has shown a resilient performance as the bulls managed to hold the support level of 45000, which is considered a crucial make-or-break level for the index.The bears have been active around the 45500 level. However, if the index successfully surpasses this level on a closing basis, it is likely to witness further upward movement towar...
Quote on Bank Nifty : The Bank Nifty index has shown a resilient performance as the bulls managed to hold the support level of 45000 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index has shown a resilient performance as the bulls managed to hold the support level of 45000 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
6/07/2023 5:36:31 PM
Quote on Nifty : The undertone of the nifty index and broader market is extremely bullish Says Kunal Shah, LKP Securities Below View on Nifty 04 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Nifty ended positive on the sixth consecutive day, the undertone of the nifty index and broader market is extremely bullish. One should maintain a buy on dips approach on nifty and avoid any short position until breaks 19200. The immediate support for the nifty index stands at 19300  where maximum  open interest in put options data is seen and on the...
Quote on Nifty : The undertone of the nifty index and broader market is extremely bullish Says Kunal Shah, LKP Securities
Quote on Nifty : The undertone of the nifty index and broader market is extremely bullish Says Kunal Shah, LKP Securities
Source: LKP Securities
5/07/2023 9:20:49 AM
Quote on Bank Nifty : The Bank Nifty index had an eventful session, with both bulls and bears participating Says Kunal Shah, LKP Securities Below View on Bank Nifty 04 July 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index had an eventful session, with both bulls and bears participating. The price action formed a doji candle, indicating indecision in the market. During the first half of the session, the bulls dominated, leading to a positive move in the index. However, the bears took control in the last hour, resulting in some selling pressure. The immediate hur...
Quote on Bank Nifty : The Bank Nifty index had an eventful session, with both bulls and bears participating Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index had an eventful session, with both bulls and bears participating Says Kunal Shah, LKP Securities
Source: LKP Securities
5/07/2023 9:17:04 AM
Quote on Bank Nifty : The index Bank Nifty has witnessed a strong bullish trend with the bulls dominating the market from Kunal Shah, at LKP Securities Below Quote on Bank Nifty 03rd July 2023 from Kunal Shah,Senior Technical & Derivative analyst at LKP Securities: The index Bank Nifty has witnessed a strong bullish trend with the bulls dominating the market. It successfully surpassed the hurdle of 45,000, indicating the strength of the upward momentum.With the resistance level now turning into support, it suggests a positive outlook for the index. Traders and investors should maintain a buy approach, taking advantage of the...
Quote on Bank Nifty : The index Bank Nifty has witnessed a strong bullish trend with the bulls dominating the market from Kunal Shah, at LKP Securities
Quote on Bank Nifty : The index Bank Nifty has witnessed a strong bullish trend with the bulls dominating the market from Kunal Shah, at LKP Securities
Source: LKP Securities Ltd
3/07/2023 6:42:43 PM
Quote on Bank Nifty : The Bank Nifty index experienced a strong bullish momentum Says Kunal Shah, LKP Securities Below View on Bank Nifty 28 June 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank NIFTY index experienced a strong bullish momentum as the bulls maintained control and pushed the index higher throughout the day. The previous resistance level of 44000 has now transformed into a strong support level, providing a cushion for the bulls. On the upside, the immediate hurdle is now at 44500, where call writing is visible. Once this level is ...
Quote on Bank Nifty : The Bank Nifty index experienced a strong bullish momentum Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index experienced a strong bullish momentum Says Kunal Shah, LKP Securities
Source: LKP Securities
28/06/2023 4:55:06 PM
Quote on Bank Nifty : This breakout occurred following the announcement of the merger date of HDFC twins Says Kunal Shah, LKP Securities Below View on Bank Nifty 27 June 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank NIFTY index witnessed a strong bullish move as the bulls took control and surpassed the hurdle of 44000. This breakout occurred following the announcement of the merger date of HDFC twins. The surge in buying pressure forced the writers of 44000 call options to cover their positions.If the index manages to sustain above the 44000 level, it is likely to co...
Quote on Bank Nifty : This breakout occurred following the announcement of the merger date of HDFC twins Says Kunal Shah, LKP Securities
Quote on Bank Nifty : This breakout occurred following the announcement of the merger date of HDFC twins Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
27/06/2023 4:50:33 PM
Quote on Bank Nifty : The bears in the Bank NIFTY index have maintained their hold on the resistance level of 44000 Says Kunal Shah, LKP Securities Below View on Bank Nifty 22 June 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The bears in the Bank NIFTY index have maintained their hold on the resistance level of 44000. The index will only resume its upward movement with a breakout above 44000 on a closing basis. The overall market sentiment remains negative, suggesting a sell-on-rise approach. The lower end support level is at 43400, which is the last hope for the bulls. The ...
Quote on Bank Nifty : The bears in the Bank NIFTY index have maintained their hold on the resistance level of 44000 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The bears in the Bank NIFTY index have maintained their hold on the resistance level of 44000 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
22/06/2023 5:16:14 PM
Quote on Bank Nifty : The Bank NIFTY index is currently witnessing a continued battle between the bulls and the bears Says Kunal Shah, LKP Securities Below View on Bank Nifty 21 June 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank NIFTY index is currently witnessing a continued battle between the bulls and the bears. It has a support level at 43500, which is indicated by the presence of maximum put writing. On the other hand, there is resistance at 44000Ce, where the highest open interest is seen on the call side. A break on either side of this range is expected to result...
Quote on Bank Nifty : The Bank NIFTY index is currently witnessing a continued battle between the bulls and the bears Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank NIFTY index is currently witnessing a continued battle between the bulls and the bears Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
21/06/2023 5:18:14 PM
Quote on Bank Nifty : The Bank Nifty index saw the bulls hold a support level of 43400 Says Kunal Shah, LKP Securities Below View on Bank Nifty 20 June 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities   The Bank NIFTY index saw the bulls hold a support level of 43400. Currently, the index is trading within a broad range between 43400 and 44000. A breakout on either side of this range is likely to result in trending moves. As long as the support level of 43400 is held, a buy-on-dip approach is suggested. Once the index surpasses the level of 44000 it will wit...
Quote on Bank Nifty : The Bank Nifty index saw the bulls hold a support level of 43400 Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index saw the bulls hold a support level of 43400 Says Kunal Shah, LKP Securities
Source: LKP Securities Ltd
20/06/2023 5:36:34 PM