Quote on Nifty 03rd September 2025 from Rupak De, Senior Technical Analyst at LKP Securities

2025-09-03 05:17:18 pm | Source: LKP Securities Ltd

Quote on Nifty 03rd September 2025 from Rupak De, Senior Technical Analyst at LKP Securities

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #LKPSecuritiesLtd #RupakDe

Below the Quote on Nifty 03rd September 2025 from Rupak De, Senior Technical Analyst at LKP Securities

"The index has recovered after sustaining above 24,500, leading to a rally towards 24,750. However, on the higher side, it encountered initial resistance at the 200-hourly moving average. Technically, the index remains bearish as it continues to trade below the 21 EMA on the daily timeframe. A decisive move above 24,750 could trigger a stronger rally, potentially taking the Nifty towards 25,000. On the downside, support is placed at 24,650, and a break below this level may lead to a decline towards 24,500."

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Nifty 03rd September 2025 from Rupak De, Senior Technical Analyst at LKP Securities

Top News

Tag News

More News