Quote on Nifty : Nifty will remain in a broader range of 17,400 - 17,800 Says Rupak De, LKP Securities
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Below View on Nifty 31 January 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Following a positive start, the Nifty remained volatile within a small band. The sentiment, however, remained a bit weak, favouring the sell-on-rally approach. The current trend may remain intact as long as it remains below 17,800. On the lower end, support is visible at 17,400. Over the near term, the Nifty will remain in a broader range of 17,400–17,800. Any breakout on either side is likely to create a directional movement in the market.
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