09-08-2021 04:04 PM | Source: LKP Securities Ltd
Quote on today`s Nifty 08 September 2021 by Rohit Singre, LKP Securities
News By Tags | #607 #2951 #879

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Below is quote on today`s Nifty 08 September 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities

"Index closed flat for the third consecutive day at 17353 and formed a dragonfly doji candle pattern on the daily chart which represents indecision in the markets.  Nifty is unable to cross above its immediate swing high which is around 17440 so it will act as immediate & strong resistance for nifty followed by 17500 zone any break above mentioned resistance index may see good traction and can inch towards 18k mark, immediate support is still placed at 17300-17250 zone traders can use this as there trailing stop out levels"

 

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