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Quote on Nifty: Nifty remained volatile before closing lower as Nifty ended more than 100 points lower Says Rupak De, LKP Securities
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Below View on Nifty 09 December 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained volatile before closing lower as Nifty ended more than 100 points lower. On the daily chart, the index slipped below the recent consolidation, suggesting a rise in pessimism. Besides, the bulls failed to protect the 18,500. Going forward, the trend may remain negative with support placed at 18,350/18,200. On the higher end, 18,670 may act as crucial resistance."
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