View on Nifty : Nifty held above the near-term moving averages By Rupak De, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below are View on Nifty 05 July 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Indian equities witnessed volatility as the Nifty failed to absorb selling pressure from the call writers leading to a close around the day's low. Despite the selling, the Nifty held above the near-term moving averages. The trend is likely to remain positive as long as it sustains above 15800. On the higher end resistance is visible at 16000/16200."
Above views are of the author and not of the website kindly read disclaimer
.jpg)
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
