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01-01-1970 12:00 AM | Source: LKP Securities Ltd
Quote on Nifty : On the lower end, support remains intact at 16950 Says Rupak De, LKP Securities
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Below View on Nifty 17 March 2023 By Rupak De, Senior Technical Analyst at LKP Securities

 

A Doji pattern followed by a recovery candle on the daily chart indicates the possibility of a bullish reversal. On the higher end, immediate resistance is placed at 17250, where the bears might try to return to the market. However, if bulls take the Nifty above 17250, the index may move towards 17500–17600. On the lower end, support remains intact at 16950.

 

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