Quote On Nifty : On the daily chart, the Nifty made a bullish harami pattern, suggesting a rise in optimism Says Rupak De, LKP Securities
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Below View on Nifty 12 October 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"On the daily chart, the Nifty made a bullish harami pattern, suggesting a rise in optimism. Besides, the index has found support at 200DMA for the second 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, 17000 may act as support; whereas, 17300 may act as resistance on the higher end."
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