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Published on 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

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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."

 

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