01-01-1970 12:00 AM | Source: LKP Securities Ltd
Quote On Nifty : On the lower end, Nifty found support above 17400 Says Rupak De, LKP Securities
News By Tags | #607 #2951 #879 #7616

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Below View on Nifty 19 September 2022 By Rupak De, Senior Technical Analyst at LKP Securities

"Nifty has remained range-bound as investors await the FOMC outcome, due this week. On the lower end, Nifty found support above 17400, whereas bears protected the 17700 mark. The trend is likely to remain sideward over the near term. Support is placed at 17350-17400, a fall below 17350 may trigger a correction towards 17000. On the higher end, 17700 may act as crucial resistance. A decisive move above 17700 may induce a rally towards 17900/18100."

 

Above views are of the author and not of the website kindly read disclaimer