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

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

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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."

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

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