Quote on Nifty : Nifty traded in a narrow range of 19700-19800 Says Rupak De, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below View on Bank Nifty 01 August 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Nifty traded in a narrow range of 19700-19800, maintaining its overall bullish sentiment. It stayed above the critical near-term moving average (21EMA), reinforcing the positive outlook. A hidden positive divergence on the daily chart indicates a potential bullish reversal in price momentum. Short-term prospects suggest a sideways to positive trend if the index stays above 18550. A decisive move above 19800 could drive the index towards the 20000 mark.
Above views are of the author and not of the website kindly read disclaimer
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
