Quote on Nifty : Nifty remained range bound for the day, while finding a support at 21 EMA Says Rupak De, LKP Securities
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Below View on Bank Nifty 28 July 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Nifty remained range bound for the day, while finding a support at 21 EMA. From the current level until the Nifty breaks below 19550 no directional down move is expected or the market may not favour aggressive shorts. On the other side, below 19550 the index may fall towards 19300. Resistance on the higher end is placed at 19700.
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