09-10-2022 11:31 AM | Source: LKP Securities Ltd
View on Nifty : The trend for the short term looks positive Says Rupak De, LKP Securities
Below View on Nifty 10 September 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty has given a falling trendline breakout on the daily chart. Besides, the index value has moved above its crucial resistance of 17700. The daily RSI has entered into a bullish crossover. The trend for the short term looks positive. On the lower end, support is visible at 17700. Resistance on the higher end is seen at 17900/18100."
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