Quote on Nifty : Nifty remained volatile with a predominant weakness Says Rupak De, LKP Securities
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Below View on Bank Nifty 2 March 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Nifty remained volatile with a predominant weakness, as the bears kept control throughout the session. On the daily chart, the Nifty continues to fall within a descending channel, suggesting continuation of the bearish trend. The momentum oscillator, RSI, is in bearish crossover. Over the short term, the index may move towards 17150. On the higher end, resistance is placed at 17400.
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