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Quote on Nifty : The Nifty index took resistance at 17,710 Says Kunal Shah, LKP Securities
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Below View on Nifty 24 April 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
The Nifty index took resistance at 17,710 on backoff profit booking in Reliance after a positive opening, the positive opening triggered profit booking, The 2nd half provided support in IT and Banks came to the rescue. Nifty took support at 17,613, reversed from the day low, and closed at the day high which is strongly positive for tomorrow as per the current closing index looks positive for 17,800/17,850 levels, and downside support stands at 17,680-17,620.
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