Quote on Nifty 02nd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

2025-12-02 05:21:06 pm | Source: LKP securities Ltd

Quote on Nifty 02nd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Nifty 02nd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

"Nifty witnessed another day of lackluster trading with a predominantly negative bias. On the hourly chart, the index continued to trade below the 21EMA. A mild negative divergence on the daily chart has contributed to the recent weakness in momentum. On the hourly chart, a rising trendline offers immediate support; however, if Nifty slips below this trendline, a slide towards 25,900 may follow. On the other hand, resistance is placed at 26,150, and a move above this level could improve sentiment. Overall, a bearish to sideways sentiment may persist over the next few days."

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Quote on Nifty 02nd December 2025 from Vatsal Bhuva, Technical Analyst at LKP Securities

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