View on Nifty : Nifty remains strong as the index gained for the third consecutive day Says Rupak De, LKP Securities

29/07/2022 4:31:45 PM | Source: LKP Securities Ltd

View on Nifty : Nifty remains strong as the index gained for the third consecutive day Says Rupak De, LKP Securities

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View on Nifty 29 July 2022 By Rupak De, Senior Technical Analyst at LKP Securities

"Nifty remains strong as the index gained for the third consecutive day. Besides, the index has sustained above the major short-term moving indicating a positive trend. The daily RSI is in bullish crossover and rising. The trend is likely to remain positive over the short term. On the lower end support is pegged at 16800-16775. Resistance on the higher end can be seen around 17400."

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View on Nifty : Nifty remains strong as the index gained for the third consecutive day Says Rupak De, LKP Securities

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