01-01-1970 12:00 AM | Source: LKP Securities Ltd
Quote on Nifty : upport is expected at 19300, while resistance is seen at 19600 Says Rupak De, LKP Securities
Below View on Bank Nifty 13 July 2023 By Rupak De, Senior Technical Analyst at LKP Securities
The Nifty reached a new record high of 19567 but couldn't hold on due to selling pressure, resulting in a significant decline by the end of the day. It exhibited high volatility throughout. The daily Relative Strength Index (RSI) indicated a bearish crossover. Currently, the trend appears to be sideways in the short term. Support is expected at 19300, while resistance is seen at 19600.
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