Quote On Nifty : Nifty started higher but failed to sustain the selling pressure at the higher end Says Rupak De, LKP Securities
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Below View on Nifty 21 October 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty started higher but failed to sustain the selling pressure at the higher end. On the daily chart, the index has sustained above the 50 EMA. The momentum indicator RSI is in bullish crossover and rising. Over the short term, the index is likely to move higher towards 17700. Support on the lower end is visible at 17400/17250."
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