Quote on Nifty 17th October 2025 from Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 17th October 2025 from Rupak De, Senior Technical Analyst at LKP Securities
"The sentiment around Nifty remains upbeat as the index moved above its four-month consolidation range. On Friday, large-cap stocks clearly outperformed, leaving behind mid- and small-cap stocks — a classic bull market scenario. In the early phase of a classic bull run, large caps usually lead the rally, followed by mid and small-cap companies. Technically, Nifty looks strong for a decent upside from here, and a “buy on dips” strategy might prove effective. On the lower end, meaningful support is placed at 25,500, while resistance is seen at 25,850–26,000."
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Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
