Quote on Nifty : Index witnessed selling pressure in the second half of the session Rupak De, LKP Securities
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Below View on Bank Nifty 1 January 2023 By Rupak De, Senior Technical Analyst at LKP Securities
"The bears continued to be at the helm, and the index witnessed selling pressure in the second half of the session. The index remains in a sell-on-rise mode with immediate resistance at 17,700-17,750. The immediate downside support level is at 17,400, and a breach will lead to further selling pressure towards 17,200/17,000 levels."
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