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Quote on Nifty : The upside resistance is visible at 17800 Says Rupak De, LKP Securities
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Below View on Bank Nifty 25 April 2023 By Rupak De, Senior Technical Analyst at LKP Securities
The NIFTY continued to remain in the buy zone despite forming a doji-like pattern on the daily chart. The index remains comfortably above the critical moving averages, suggesting a positive trend. The upside resistance is visible at 17800, where the bulls may find an immediate resistance. Above 17800 the Nifty may move higher towards 18000. On the lower end, support remains intact at 17700.
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