TATA MOTORS, VEDANTA, CIPLA, ASIAN PAINTS, OTHER STOCKS TO WATCH ON MAY 12, 2023

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[{"selector":"#anim-5922229b-56b7-4ad4-8ad3-1798aabe67c2","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-72ca7612-198e-4344-9dc2-487878fc5d3e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c512a57-a497-4476-ba27-9d037852314e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Source=Google Images Source=Google Images WWW.DIVYASANDESH.IN The Nifty index has traded within a range of 18,270 and 18389. It formed a bearish engulfing pattern, which typically indicates a potential reversal in the market trend. Adding to the bearish sentiment, the RSI has entered a bearish crossover. In terms of key levels, support is seen at 18,200 which may act as an inital level of protection. On the other hand, resistance is seen at 18,400 indication a level where selling pressure might increase," said Rupak De, Senior Technical Analyst at LKP Securities. The Nifty index has traded within a range of 18,270 and 18389. It formed a bearish engulfing pattern, which typically indicates a potential reversal in the market trend. Adding to the bearish sentiment, the RSI has entered a bearish crossover. In terms of key levels, support is seen at 18,200 which may act as an inital level of protection. On the other hand, resistance is seen at 18,400 indication a level where selling pressure might increase," said Rupak De, Senior Technical Analyst at LKP Securities. NIFTY TECHNICAL VIEW NIFTY TECHNICAL VIEW

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