Quote on Nifty 16th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

2025-12-16 05:07:33 pm | Source: LKP Securities Ltd

Quote on Nifty 16th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 16th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

"The day favored the bears as the Nifty remained below the key 200 SMA on the hourly chart throughout the session. Additionally, the index failed to retest the morning high, indicating complete control by the bears. On the downside, the support at 25,870 was breached, intensifying bearish sentiment in the market. In the short term, the index may drift lower towards 25,700 and lower. On the upside, the 25,950–26,000 zone is likely to act as a crucial resistance in the near term."

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Quote on Nifty 16th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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