Quote on Nifty : The Nifty index experienced a decline as selling pressure emerged at higher levels Says Rupak De, LKP Securities
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Below View on Nifty 31 May 2023 By Rupak De, Senior Technical Analyst at LKP Securities
The Nifty index experienced a decline as selling pressure emerged at higher levels. At the lower end, there was a previous congestion high. The current trend is expected to remain sideways to positive unless the index falls below the 18500 level. On the higher end, there is resistance at 18650. However, if the index decisively falls below 18500, it may trigger additional selling pressure.
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