Quote on Nifty 18th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

2025-12-18 04:47:50 pm | Source: LKP Securities Ltd

Quote on Nifty 18th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 18th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

"The Nifty remains weak as the index failed to reclaim the 200-DMA on the hourly chart, with bears continuing to drag Indian equities lower. The formation of continuous lower tops further reinforces the bearish outlook. The momentum indicator RSI is in a bearish crossover and is also forming lower tops, indicating weakening momentum. The trend continues to remain weak, with the 25,700 level appearing vulnerable to a breakdown. A decisive breach below 25,700 could trigger a swift next leg of correction. On the upside, resistance is placed around 25,900."

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Quote on Nifty 18th December 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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