Quote on Nifty : A resistance level on the higher end is visible at 17750 Says Rupak De, LKP Securities
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Below View on Bank Nifty 2 January 2023 By Rupak De, Senior Technical Analyst at LKP Securities
The benchmark Nifty has been hovering within a falling channel, where it has found support at the lower band of the said channel. The trend looks negative, with the RSI trending upside down. A resistance level on the higher end is visible at 17750, above which the Nifty may move up towards 17950. On the lower end, support is pegged at 17450, below which the correction may resume.
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