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Quote on Nifty :Nifty slipped below the crucial level of 16950 as the bears gained control of the market Says Rupak De, LKP Securities
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Below View on Nifty 24 March 2023 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty slipped below the crucial level of 16950 as the bears gained control of the market. Furthermore, the Nifty fell after a few days of consolidation, indicating an increase in bearish bets. The momentum indicator RSI is in bearish crossover. In the short term, the index may fall, with a potential drop to 16750. On the higher end, resistance is visible at 17200"
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