Quote on Nifty :The trend will remain favorable as long as the bulls can maintain Nifty above 19,440 Says Rupak De, LKP Securities

5/09/2023 5:16:35 PM | Source: LKP Securities Ltd

Quote on Nifty :The trend will remain favorable as long as the bulls can maintain Nifty above 19,440 Says Rupak De, LKP Securities

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Below Quote on Nifty 05 September 2023 By Rupak De, Senior Technical Analyst at LKP Securities

"Nifty has sustained a breakout from a descending channel on the daily chart. The trend will remain favorable as long as the bulls can maintain Nifty above 19,440. A "buy on dips" strategy should be the preferred approach until Nifty falls below 19,440. Resistance on the upper end is positioned at 19,600, and if breached, the index could potentially move higher."

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Quote on Nifty :The trend will remain favorable as long as the bulls can maintain Nifty above 19,440 Says Rupak De, LKP Securities

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