Quote on Nifty : The Nifty reached another all-time high after two days of consolidation Say`s Rupak De, at LKP Securities

6/07/2023 5:33:52 PM | Source: LKP Securities Ltd

Quote on Nifty : The Nifty reached another all-time high after two days of consolidation Say`s Rupak De, at LKP Securities

News By Tags | #2730 #607 #2951 #879 #1014 #7616 #59

Below Quote on Nifty 06rd July 2023 from Rupak De, Senior Technical analyst at LKP Securities

The Nifty reached another all-time high after two days of consolidation, indicating a breakout in the upward direction. The overall trend appears positive as the index comfortably sits above a key short-term moving average (50DMA). The immediate resistance is visible at 19500; a decisive breakout above 19500 may take the index towards 19725. Support on the lower end is pegged at 19350-19300.

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Nifty : The Nifty reached another all-time high after two days of consolidation Say`s Rupak De, at LKP Securities

Top News

Tag News

More News