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View on Nifty 01 June 2022 By Rupak De, LKP Securities
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Below are View on Nifty 01 June 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained choppy for the day as the benchmark index ended without a directional move. On the higher end, 50EMA has been acting as a crucial resistance. However, the Nifty slipped not very far from the previous close. The trend remains sideward for the near term. Support is visible at 16400, whereas on the higher end, resistance is likely to remain intact at 16700"
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