Quote on Nifty 01st September 2025 from Rupak De, Senior Technical Analyst, LKP Securities

2025-09-01 05:13:51 pm | Source: LKP Securities Ltd

Quote on Nifty 01st September 2025 from Rupak De, Senior Technical Analyst, LKP Securities

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Below the Quote on Nifty 01st September 2025 from Rupak De, Senior Technical Analyst, LKP Securities

"The index has witnessed a significant recovery from negativity as the Nifty reversed momentum following an inverted hammer pattern. On the hourly RSI, a hidden positive divergence is visible. However, sentiment remains “sell on rise” as long as the index stays below 24,850. Only a decisive move beyond 24,850 might induce a rally towards 25,250/25,500. On the lower end, support is placed at 24,500."

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Quote on Nifty 01st September 2025 from Rupak De, Senior Technical Analyst, LKP Securities

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