View on Nifty 02 June 2022 By Rupak De, LKP Securities
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Below are View on Nifty 02 June 2022 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained volatile with a positive bias throughout the session. On the daily chart, the benchmark index Nifty has formed an engulfing kind of pattern, suggesting bullishness. Daily RSI is in bullish crossover and rising. On the higher end, the index has resistance at 16700; above 16700, the Nifty can move towards 17000. The trend is likely to remain positive as long as it sustains above 16400"
Above views are of the author and not of the website kindly read disclaimer
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