Short covering rally in Nifty Bank depends on HDFC Bank results: Kunal Shah
A short covering rally in Bank Nifty index hinges on the results of HDFC Bank, given its substantial 30% weightage, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. “HDFC Bank faces an immediate hurdle at Rs 1680, where its 20-DMA is located. A decisive breakout above this level is crucial for accelerating … Read more
