07-12-2022 04:05 PM | Source: LKP Securities Ltd
View on Nifty : Nifty has slipped below the previous session's low as bears remained at the helm By Rupak De, LKP Securities
View on Nifty 12 July 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty has slipped below the previous session's low as bears remained at the helm. It has formed a small-bodied candle just below an important moving average, indicating a bearish day of mild significance. On the lower end, however, 16000 is likely to act as crucial support. On the higher end, resistance is visible at 16200, where meaningful call writing has happened."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Hyundai Motor India shares slip to Rs 1,745, down ov...
Centre to hold investors? meet in Andaman for big pu...
India surpasses 200 GW in renewable energy capacity:...
India`s Palm Oil Imports Surge 60% in October Festiv...
Powdered milk & cereals in early childhood may raise...
Evening Roundup : A Daily Report on Bullion Energy &...
Swiggy IPO: Early trading volatility reveals investo...
Prosus, Tencent made billions of dollars in Swiggy IPO
GenAI a top priority for 70 pc Global Capability Cen...
Post market comment by Mandar Bhojane, Research Anal...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Monthly Debt Market Update, September 2023: CareEdge Ratings