Quote on Nifty 08 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 08 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"The index has moved up after a consolidation on the hourly chart, improving sentiment for the bulls. On the daily chart, the Nifty formed a green candle following a hammer and a doji pattern. This type of setup often indicates a potential positive move ahead. On the lower end, support is placed at 25,400, while on the higher end, resistance is seen at 25,600 and 25,750–25,800."
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