2025-08-05 04:48:44 pm | Source: LKP securities Ltd
Quote on Nifty 05th Aug 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 05th Aug 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"Nifty traded with a negative bias throughout the day, remaining below the 50EMA. On the daily chart as well, the index is comfortably placed below the 50EMA. The current range is 24,400–24,850, and in the short term, the index is likely to remain within this band. Only a decisive move beyond this range might determine the next course of action for the market."
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