Powered by: Motilal Oswal
2025-11-06 05:24:00 pm | Source: LKP Securities
Quote on Nifty 06th November 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Quote on Nifty 06th November 2025 by Rupak De, Senior Technical Analyst at LKP Securities

Below the Quote on Nifty 06th November 2025 by Rupak De, Senior Technical Analyst at LKP Securities

 

"The Nifty slipped below the critical 21EMA on the daily timeframe, indicating weakness. However, the index has declined towards the support of the previous swing high, placed around 25,450. Going forward. if the index falls below 25,450, the short-term trend might weaken further. On the other hand, if it holds above 25,450, a significant trend reversal might occur."
 

 

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