Quote on Nifty : index remains above 17500 Says Rupak De, LKP Securities

Below View on Bank Nifty 11 April 2023 By Rupak De, Senior Technical Analyst at LKP Securities

Nifty remained volatile throughout the session as the traders awaited CPI data, which is scheduled tomorrow. The index has been sustaining above critical moving average. Besides, the Nifty has so far remained above the crucial support level of 17500. The market will remain a buy on dips as long as the index remains above 17500. Immediate support is visible at 17640. On the higher end, the rally may extend towards 17850/17970.


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