Quote On Nifty : Indian equities remained volatile before closing around the day`s high Says Rupak De, LKP Securities
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Below View on Nifty 04 November 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Indian equities remained volatile before closing around the day's high. The positive momentum continues as the index has closed above the previous swing high. Besides, the index has maintained its position above 200DMA. The momentum indicator RSI is in a bullish crossover. The trend for the short term remains bullish, with an upside potential of 18300/18600. On the lower end, support is pegged at 17950"
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