Quote on today`s Nifty 21st December 2021 By Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 21st December 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities
"Index opened a day with a good gap but again we have witnessed profit booking from higher-end resulting index erased some of its gains & closed a day at 16770 with gains of one percent & formed a Doji candle on the daily chart which represents indecision in the markets. On the higher side index has a strong hurdle zone around 16850-16950 any decisive break above mentioned zones can attract more bulls which can push the index to northwards but if continued to trade below said resistance then one can also witness profit booking towards immediate support zone of 16630-16500 zone"
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