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Quote on Nifty : Nifty remained volatile within a narrow range before closing on a muted note Says Rupak De, LKP Securities
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Below View on Nifty 10th April 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Nifty remained volatile within a narrow range before closing on a muted note. On the daily chart, the index has maintained its position above the breakout zone. The momentum oscillator RSI is in bullish crossover and rising. The market continues to remain buy-on-dips as long as it sustains above 17500. On the higher end, immediate resistance is visible at 17700; above which the index may move up towards higher levels.
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