01-01-1970 12:00 AM | Source: LKP Securities Ltd
Quote on Nifty : The bias remains negative as it falls back into the descending channel on the daily chart Says Rupak De, LKP Securities
Below View on Bank Nifty 21 February 2023 By Rupak De, Senior Technical Analyst at LKP Securities
Nifty ended flat following a volatile trading session. The bias remains negative as it falls back into the descending channel on the daily chart. Besides, the momentum oscillator RSI has entered a bearish crossover. On the lower end, immediate support is visible at 17750, below which the selling pressure may increase.
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