Quote on Nifty : The Nifty index experienced a limited movement, staying within a certain range throughout the day Says Rupak De, LKP Securities
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Below View on Nifty 01 June 2023 By Rupak De, Senior Technical Analyst at LKP Securities
The Nifty index experienced a limited movement, staying within a certain range throughout the day. However, the closing saw a prevalence of selling pressure. The overall sentiment in the market is expected to remain negative until the Nifty index manages to surpass the 18500 level. If the index fails to move back above this level, it could potentially lead to a correction in the market. On the downside, there is support expected around the range of 18300-18350. Conversely, resistance can be anticipated at the higher end around 18650.
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