Quote on Nifty 11th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

2025-11-11 05:28:25 pm | Source: LKP Securities Ltd

Quote on Nifty 11th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 11th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

"Nifty remained volatile during the day before closing with a significant gain. Tuesday's strong move set the index back above the 21EMA on the daily timeframe. The RSI is on the verge of entering a bullish crossover. Besides, the 21EMA and 50EMA are in a positive crossover. The short-term trend looks good for a rally towards higher levels, potentially reaching 26,000. Support would now be placed at 25,600. Going forward, the view on Nifty remains long with a stop loss of 25,600, targeting 26,000."

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Quote on Nifty 11th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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