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Quote on Nifty : On the higher end, resistance was placed at 19500 Says Rupak De, LKP Securities
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Below View on Nifty 18 August 2023 By Rupak De, Senior Technical Analyst at LKP Securities
"The index has consistently remained below its 21-day Exponential Moving Average (EMA), a sign that underscores the prevalence of a bearish trend. On the lower end, support is placed at 19250. A fall below 19250, may trigger a correction towards 19000 and lower. On the higher end, resistance was placed at 19500."
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