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01-02-2023 05:14 PM | Source: LKP Securities
Quote On Nifty : Nifty formed a bullish harami pattern on the daily chart Says Rupak De, LKP Securities
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Below View on Nifty 02 January 2023 By Rupak De, Senior Technical Analyst at LKP Securities

"Nifty formed a bullish harami pattern on the daily chart, suggesting a reversal in the price trend. The index has moved back above 50 EMA with the strength indicator RSI in a bullish crossover. The trend to remain positive as long as it sustains above 17,950; resistance on the higher end is visible at 18,400."

 

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