Quote on Nifty 10th October 2026 by Rupak De, Senior Technical Analyst at LKP Securities

2026-10-10 05:07:20 pm | Source: LKP Securities Ltd

Quote on Nifty 10th October 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 10th October 2026 by Rupak De, Senior Technical Analyst at LKP Securities

"The Nifty staged a smart recovery on Friday, gaining more than 1%. However, it failed to move above the 50EMA on the hourly chart, placed around 22,600. The near-term trend might improve if the index moves above the 22,600–22,650 resistance zone, potentially leading to a continuation of the recovery. However, failure to break above this zone might bring back market weakness. On the lower end, supports are placed at 22,450, 22,350, and 22,100."

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Quote on Nifty 10th October 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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