11/07/2022 4:28:28 PM | Source: LKP Securities Ltd
View on Nifty : The benchmark Nifty remained sideways during the session By Rupak De, LKP Securities
Below are View on Nifty 11 July 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"The benchmark Nifty remained sideways during the session. On the daily timeframe, the index has sustained above its near-term moving average. The momentum oscillator RSI maintains its bullish crossover. The short term trend is likely to remain positive as long as it holds above 16000. On the higher end, resistance is visible at 16300."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer
Click Here