Quote on Nifty: The Nifty bulls took the index to a new life high on a robust global cue Says Rupak De, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below Quote on Nifty 01 December 2022 By Rupak De, Senior Technical Analyst at LKP Securities
The Nifty bulls took the index to a new life high on a robust global cue. However, the index closed 75 points off the day's high as the index found resistance at the higher levels. The RSI on the daily chart has given a falling trendline breakout. Over the short term, the trend is likely to remain positive. On the higher end, resistance is pegged at 18,900-19,000; whereas, supports are placed at 18,700/18,500."
Above views are of the author and not of the website kindly read disclaimer
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
