Quote On Bank NIfty : Nifty extended its decline as the benchmark index slipped towards 19,700 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
Below The Quote On Bank NIfty 21 September 2023 By Rupak De, Senior Technical Analyst at LKP Securities
"Nifty extended its decline as the benchmark index slipped towards 19,700. The Nifty index closed below the 20EMA, signaling a diminishing bullish sentiment. Weakness appears evident with a bearish crossover in the RSI. Selling on rallies remains the favored strategy as long as it stays below 20,000. On the downside, support is situated in the range of 19,700/ 19,630."
Above views are of the author and not of the website kindly read disclaimer
Tag News
The 14-day RSI too is in rising mode now after recently bouncing back from oversold levels -...
More News
Daily Market Analysis : Markets took a breather after Tuesday`s slide and gained nearly a pe...
