View on Nifty : Nifty remained strong during the session as it moved above the previous swing Says Rupak De, LKP Securities
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View on Nifty 19 July 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained strong during the session as it moved above the previous swing high on the daily timeframe. A higher top higher bottom formation is visible on the daily timeframe. Besides, the Nifty has sustained above its major moving average suggesting a bullish trend. Over the short term, the index may remain positive as long as it sustains above 16100 with a potential to reach 16450-16500 over the short term."
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