Quote On Nifty :Nifty remained sideways during the session as it failed to give any directional breakout Says Rupak De, LKP Securities
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Below View on Nifty 14 November 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained sideways during the session as it failed to give any directional breakout. On the daily chart, the index has sustained above the 50 EMA (17619), which confirms the positive trend. The momentum indicator is in positive crossover and rising. The trend for the short term looks positive. On the higher end, resistance is visible at 18450-18500. On the lower end, support is visible at 18250."
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