Quote on Nifty 19th December 2025 by Rupak De, Senior Technical Analyst at LKP Securities

2025-12-21 03:29:52 pm | Source: LKP Securities Ltd

Quote on Nifty 19th December 2025 by Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 19th December 2025 by Rupak De, Senior Technical Analyst at LKP Securities

"The Nifty has witnessed a breakout from a falling wedge pattern, indicating improving market sentiment. Additionally, the index has reclaimed the 21-day EMA on the daily chart. After finding support near the 50-day EMA, the index recovered towards the 26,000 mark. Going forward, 26,000 will be a key level to watch; a decisive move above this level could propel the index towards 26,300. On the downside, immediate support is placed at 25,900, which is likely to act as the first line of defense for the Nifty."

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Quote on Nifty 19th December 2025 by Rupak De, Senior Technical Analyst at LKP Securities

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