View on Nifty : The index may consolidate till it gives a breakout above 16600 Says Rupak De, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
View on Nifty 20 July 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty found resistance at the higher levels as it reached the upper band of the rising channel on the daily chart. Over the near term, the index may consolidate till it gives a breakout above 16600. On the lower end, 16350-16400 may remain crucial support. A buy on dips strategy is likely to work as long as the Nifty holds above 16350."
Above views are of the author and not of the website kindly read disclaimer
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
More News
Perspective on markets By Mr. Jaykrishna Gandhi, Emkay Global Financial Services
