06-01-2022 04:15 PM | Source: LKP Securities Ltd
View on Nifty 01 June 2022 By Rupak De, LKP Securities
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"
Above views are of the author and not of the website kindly read disclaimer
Latest News
BMW earnings hit by model change, lower profits on e...
Daily Market Commentary : Nifty recovered from lower...
Evening Roundup : A Daily Report on Bullion Energy &...
Ex-Tesla executives-led DG Innovate enters India in ...
Hero MotoCorp posts 18 per cent rise in Q4 net profi...
McDonald's India franchisee Westlife`s profit nearly...
Market Wrap Up : Today, the benchmark indices witnes...
Can Vijay Shekhar Sharma fix Paytm's woes as he take...
Tax Expert`s Comment on High Court ruling on Provide...
FIIs stood as net sellers in equities as per May 08 ...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Monthly Debt Market Update, September 2023: CareEdge Ratings
More News
Quote on Nifty :Nifty moved up smartly following a doji formation on the daily chart Says Ru...
Market Quote : Domestic benchmark indices closed flat after a positive session Says Mr. Vinod Nair, Geojit Financial Services
View On Nifty Metal 23 May 2022 By Kunal Shah, LKP Securities
Morning Market Quote: Nifty is already up by 6% in October and the trend looks set to continue Says Dr. V K Vijayakumar, Geojit...