Quote on Nifty: Indian Nifty has reclaimed 18,500 after a brief slip below the crucial level Says Rupak De, LKP Securities
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Below View on Nifty 13 December 2022 By Rupak De, Senior Technical Analyst at LKP Securities
Indian Nifty has reclaimed 18,500 after a brief slip below the crucial level. However, the overall sentiment remains subdued as the index needs to move above 18,700 for bulls to take control. Over the near term, the trend may remain sideways, with supports placed at 18,500. Resistances on the higher end can be seen at 18,630/18,700.
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