Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
Below the Quote on Nifty from Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty has given a consolidation breakdown on the daily chart, indicating bearishness. Initially, the index found support at the crucial 22,900 level. However, sentiment remains weak, and a further decline from the current level could trigger additional market correction. On the lower end, if Nifty falls below 22,900, it may move toward 22,676. On the higher end, resistance is seen at 23,100. A move above 23,100 would provide a clear signal for a strong uptrend."
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