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11/08/2022 4:15:53 PM | Source: LKP Securities Ltd
View on Nifty : The Nifty continued to remain above the consolidation on the daily Says Rupak De, LKP Securities
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View on Nifty : The Nifty continued to remain above the consolidation on the daily Says Rupak De, LKP Securities

View on Nifty 11 August 2022 By Rupak De, Senior Technical Analyst at LKP Securities

"The Nifty continued to remain above the consolidation on the daily chart, suggesting a continuation of the up trend in the market. On the higher end, however, Nifty had faced a bit of selling pressure that led to a close around the day's low. The current rally may extend towards 17750-17800, where crucial trendline resistance is placed. On the lower end, support is there at 17450-17500."

 

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