Quote on Nifty : The NIFTY index continued its strong momentum and ended on a positive note Says Kunal Shah, LKP Securities
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Below View on Nifty 02 May 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The NIFTY index continued its strong momentum and ended on a positive note. The index is trading near a crucial resistance of 18,200 and once surpassed will witness further short covering towards the 18,400 level. The downside support is at 18,000 where aggressive put writing is visible. The undertone remains bullish and one should keep a buy-on-dip approach.
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