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
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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