Quote on Nifty : Nifty continues its upward movement with bulls at the helm despite selling pressure at higher levels from Rupak De, at LKP Securities
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Below Quote on Nifty 03rd July 2023 from Rupak De, Senior Technical analyst at LKP Securities:
Nifty continues its upward movement with bulls at the helm despite selling pressure at higher levels. The trend remains bullish as the index sustained above the critical moving average. The current bullish trend is supported by a bullish crossover in the RSI momentum indicator. The support on the lower end is placed at 19200; while resistance is visible at the 19450-19500 zone.
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