Quote on Nifty 11th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities
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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The index opened on a weak note and slipped to an intraday low of 25,449 during the first ha...
