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

2025-09-18 05:42:53 pm | Source: LKP Securities Ltd

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

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #LKPSecuritiesLtd #RupakDe

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

"Nifty remained volatile after a gap-up start, driven by a dovish Fed announcement. The short-term trend is likely to stay positive as the index is comfortably trading above its critical moving average. The daily RSI is in a bullish crossover and rising above the previous swing high, indicating strengthening momentum.

In the near term, support is placed at 25,300 and 25,150. On the other hand, crucial resistance is seen at 25,500. A decisive move above this level could trigger a rally towards 26,000. Overall, a buy-on-dips strategy remains favorable in the current market scenario."

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

IGI Logo

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

Top News

Tag News

More News