2026-01-09 05:37:35 pm | Source: LKP Securities Ltd
Quote on Nifty 09th January 2026 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 09th January 2026 by Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty has slipped further, moving lower from the 50 EMA, indicating increasing weakness. Bouts of selling pressure dragged the index to close at a several-day low. Market sentiment appears decisively negative. In the short term, the trend might remain weak, with potential downside towards 25,550–25,500. On the higher end, resistance is placed at 25,850."
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