Powered by: Motilal Oswal
2025-07-18 04:51:06 pm | Source: LKP Securities Ltd
Quote on Nifty 18 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Quote on Nifty 18 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities

Below the Quote on Nifty 18 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities

 

"The Nifty remained under selling pressure, falling towards 24,900 where it found initial support. The index stayed above the 50-day moving average (50DMA) and appears poised for a short-term pullback after a sharp correction. However, it remains a ‘sell on rise’ as long as it trades below 25,260. On the downside, selling may intensify if it breaks below 24,900."

 

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here