Quote on Nifty by Rupak De, Senior Technical Analyst at LKP Securities
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Below the Quote on Nifty by Rupak De, Senior Technical Analyst at LKP Securities
"Bears remained at the helm as the Nifty continued to breach crucial levels. The index slipped below its previous swing low on the daily chart, indicating increasing bearishness. However, it held the 23,000 mark, which remains a key level to watch. If the Nifty sustains above 23,000 over the next few days, it could signal a potential recovery. Conversely, a decisive fall below this level might trigger a deeper correction."
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