Quote on Nifty : On the upper side, resistance is expected to persist in the range of 19450-19500 Says Rupak De, LKP Securities
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Below Quote on Nifty 24 August 2023 By Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty remained under the bear's grip as selling pressure emerged around the day's high, resulting in a decline below 19500. On the upper side, resistance is expected to persist in the range of 19450-19500. A definitive breakout or a closing above 19500 could potentially trigger a rally in the index. On the lower side, there is immediate support at 19300; a drop below this level might lead to panic in the market."
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