Quote on Nifty: The trend may remain negative, with support placed at 18,350/18,200 Says Rupak De, LKP Securities
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Below View on Nifty 12 December 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty has remained below the crucial level of 18,500 on a closing basis. During the day Nifty fell lower but found support around 18,350 before closing just below 18,500. Going forward, the trend may remain negative, with support placed at 18,350/18,200. On the higher end, 18,600-18,670 may act as a crucial resistance."
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