Quote on Nifty :Nifty slipped below the crucial level of 16950 as the bears gained control of the market Says Rupak De, LKP Securities

24/03/2023 4:44:38 PM | Source: LKP Securities Ltd

Quote on Nifty :Nifty slipped below the crucial level of 16950 as the bears gained control of the market Says Rupak De, LKP Securities

News By Tags | #2730 #607 #2951 #879 #1014 #59

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"

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

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Nifty :Nifty slipped below the crucial level of 16950 as the bears gained control of the market Says Rupak De, LKP Securities

Top News

Tag News

More News