Quote on Nifty 21st November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

2025-11-23 03:23:01 pm | Source: LKP Securities

Quote on Nifty 21st November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 21st November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

"A bearish Harami pattern formed on the hourly chart of the Nifty on Thursday, leading to a sharp decline over the last two days. The index has also slipped below the 21 EMA on the hourly chart, indicating further weakness in the coming sessions. The hourly RSI is in a bearish crossover and continues to fall.

Sentiment may remain challenging for bulls in the near term, as the decline could extend towards the 25,920–25,900 zone. On the higher side, resistance is placed at 26,166; a move above this level may improve sentiment."

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Quote on Nifty 21st November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

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