Quote on Nifty 22 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities

2025-07-22 05:35:04 pm | Source: LKP Securities

Quote on Nifty 22 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 22 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities

"The Nifty has remained mostly range-bound, facing resistance at the 21-EMA during the initial trades. On the hourly chart, the index failed to move above the 50-EMA. Overall, consolidation may continue in the coming days, as the index is not showing any signs of a breakout from the current trading zone. On the lower end, 24,900 continues to act as strong support, while resistance is placed at 25,260 — a breakout above which could lead to increased strength in the market."

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Quote on Nifty 22 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities

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