01-01-1970 12:00 AM | Source: LKP Securities Ltd
Quote on Nifty :Nifty remained volatile throughout the session before closing below the previous session`s low Says Rupak De, LKP Securities
News By Tags | #2730 #607 #2951 #879 #1014 #7616 #59

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Below View on Nifty 21 March 2023 By Rupak De, Senior Technical Analyst at LKP Securities

Nifty remained volatile throughout the session before closing below the previous session's low. The trend remains weak as the index failed to move above the near term moving average. The momentum indicator is in bearish crossover. However, 16950 may remain a crucial support; a fall below 16950 may trigger a significant correction. On the higher end, resistance was seen at 17200.

 

Above views are of the author and not of the website kindly read disclaimer