Quote on Nifty : Support on the lower end is visible at 17850/17750 Says Rupak De, LKP Securities
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Below View on Nifty 16 January 2023 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty failed to sustain above 18000 and slipped lower before closing around 17900. A "dark cloud cover"-like pattern has formed on the daily chart, suggesting a near-term weakness. Support on the lower end is visible at 17850/17750. Below 17,750, Nifty may witness a meaningful correction. On the higher end, resistance is visible at 18000–18100."
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