Market Quote 11 February 2022 By Rupak De, LKP Securities
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Below is the market quote 11 February 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty found resistance around 17635 and slipped lower towards the gap on the daily timeframe. On the daily timeframe, a red-bodied candle is visible. Once again, the index has slipped below the 50 EMA. The trend looks sideways to negative for the near term. On the lower end, support is visible at 17250-17265. On the other hand, Nifty needs to move beyond 17640 to change the current bearish trend"
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