View on Nifty : Nifty found resistance around 18100 leading Says Rupak De, LKP Securities
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Below View on Nifty 15 September 2022 By Rupak De, Senior Technical Analyst at LKP Securities
Nifty found resistance around 18100 leading to close in the red for the day. On the daily chart, a dark cloud cover pattern has formed suggesting waning bullishness. The trend for the few hours to 1 day may remain weak; However, the short term trend remains positive as the Nifty closed above the falling trend line on the daily chart. On the lower end, support is visible at 17700, below which the short term trend may become weak. On the higher end, resistance is visible at 17900/18100.
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