kunal shah

Tech View: Nifty traders await breakout on either side. Here’s how to trade on Friday

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Tech View: Nifty traders await breakout on either side. Here’s how to trade on Friday

Nifty ended Thursday’s session 16 points higher above the 24,300-level to form a red candle with a minor upper shadow. The overall trend of Nifty remains positive as per smaller to larger time frame chart. Having placed at the hurdle of around 24400 levels (1.618% Fibonacci Extension), there is a possibility of this consolidation/minor dip … Read more

After Nifty, time for Nifty Bank to hit record high level: Kunal Shah

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After Nifty, time for Nifty Bank to hit record high level: Kunal Shah

If Nifty Bank crosses the crucial threshold of 45,000, it is likely to reach its all-time high of 46,200, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. The pivotal role in this anticipated upswing will be played by heavyweight contributors from the private banking sector, with notable participants such as HDFC Bank … Read more