Quote on Nifty 17th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

2025-11-17 05:02:08 pm | Source: LKP securities Ltd

Quote on Nifty 17th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 17th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

"The index moved up after a few days of consolidation on the daily timeframe. Besides, it has been sustaining above the 21EMA, which is a critical short-term moving average. The RSI is in a bullish crossover on the daily chart. In addition, the formation of a higher bottom indicates a rising market. The trend is likely to remain strong in the short term, with the potential to move towards 26,200/26,350. On the lower side, support is placed at 25,800."

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Quote on Nifty 17th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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