View on Nifty : Nifty remained rangebound during the day as the index remained within the bands of 17200 and 17400 Says Rupak De, LKP Securities
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View on Nifty 02 August 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained rangebound during the day as the index remained within the bands of 17200 and 17400. On the daily chart, the index has maintained its uptrend. The daily RSI is in bullish crossover and rising. The trend is likely to remain bullish as long as the Nifty holds above 17000. On the higher end resistance is visible at 17400-17500."
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