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Quote on Nifty : Nifty remained volatile before closing lower as Nifty ended about 90 points lower Says Rupak De, LKP Securities
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Below View on Bank Nifty 6 February 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Nifty remained volatile before closing lower as Nifty ended about 90 points lower. On the daily chart, the index has been making lower tops, suggesting a waning bullishness. However, the bulls could protect the support of 17650. Going forward, the trend may remain sideways. On the lower end, supports are placed at 17650/17400. On the higher end, 17950-18000 may act as a crucial resistance.
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