Quote on Nifty 10th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 10th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities
"Again, bears remained at the helm as the Nifty revisited yesterday’s low, reinforcing a bearish bias. The index once again found support near the 50 EMA. The RSI on the daily timeframe has slipped out of its recent consolidation. Moreover, the index has broken below the 50 percent retracement of the privous rise from 25,318 to 26,325, indicating weakness. In the short term, the index is likely to stay under pressure with immediate support at 25,700. A decisive breakdown below this level could open a correction toward 25,610 and 25,530. On the upside, resistance is placed at 25,870 and 25,960-26000."
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