View on Nifty : Nifty remained highly volatile before closing flat for the day Says Rupak De, LKP Securities
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View on Nifty 04 August 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained highly volatile before closing flat for the day. On the higher end, it found resistance around 17500 and slipped lower. The momentum indicator RSI is in bullish crossover. The trend is likely to remain sideways to negative as long as it remains below 17500. On the lower end, support exists around 17100-17000."
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