Quote On Nifty : Nifty remained volatile as the investors stayed on the sidelines ahead Says Rupak De, LKP Securities
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Below View on Nifty 13 October 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained volatile as the investors stayed on the sidelines ahead of US inflation data. The Nifty breached the psychological 17000 multiple times before closing above it in the final hour. The index has found support at 200DMA for the third consecutive day. The daily RSI is in a bullish crossover. Over the short term, the index may remain within a band. On the lower end, 16950 may act as support; whereas, 17300 may act as resistance on the higher end"
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