Quote on Nifty 19th January 2026 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 19th January 2026 by Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty remained under bearish control, with the index sustaining below the 20 EMA throughout the session. Intraday volatility persisted, and every rise was sold into. The RSI continued in a bearish crossover and trended lower as the index closed at a multi-day low. Market fear remained elevated, as reflected by a spike in India VIX. In the near term, the index may continue to drift lower, with a potential downside target around 25,200, while resistance is placed near 25,700."
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