Quote on Nifty 05th October 2026 from Rupak De, Senior Technical Analyst at LKP Securities

2026-10-05 05:17:51 pm | Source: LKP Securities Ltd

Quote on Nifty 05th October 2026 from Rupak De, Senior Technical Analyst at LKP Securities

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

Below the Quote on Nifty 05th October 2026 from Rupak De, Senior Technical Analyst at LKP Securities

"Following a positive start, the Nifty slipped lower as the index found resistance around 22,600. Overall, it remained within a 200-point range before closing higher. The RSI remains in the oversold zone with a bearish crossover. Sentiment continues to remain weak, with support placed at 22,400. A decisive fall below this level might trigger a resumption of the bearish move. On the other hand, a sustained move above 22,600 might provide some short-term respite."

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 05th October 2026 from Rupak De, Senior Technical Analyst at LKP Securities

Top News

Tag News

More News