Quote on Nifty 03rd December 2025 from Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 03rd December 2025 from Rupak De, Senior Technical Analyst at LKP Securities
"Nifty slipped in the first half on Wednesday to find support near 25,900 before staging a smart recovery towards the end. After a volatile session, the index managed to float above the 21EMA, keeping the short-term bullish bias intact.
However, short term bearish sentiment has begun to surface as the index has formed a bearish divergence on the daily chart. Besides, it has also fallen below a rising trendline, adding to the weakness in the market. From here, if the index sustains the recovery — as expected after taking support at 25,900 — it may move towards 26,060 on the higher side, where it could face resistance once again, potentially triggering another decline."
Above views are of the author and not of the website kindly read disclaimer
.jpg)
.jpg)
Tag News
MOSt Market Roundup : Nifty future closed negative with losses of 0.27% at 26142 levels by M...
