Quote on Nifty 24th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

2026-02-25 09:49:12 am | Source: LKP Securities

Quote on Nifty 24th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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Below the Quote on Nifty 24th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

"The Nifty has slipped sharply after falling below its 21EMA, leading to significant long unwinding. On the downside, the index declined toward its 200DMA, where it found initial support. Going forward, the index is likely to remain within the 25300–25750 band; that is, it may oscillate within a 450-point range amid heightened volatility. The India VIX has remained elevated, which may keep investors on edge. However, as long as 25300 is not broken decisively, a meaningful bounce could happen. Therefore, long trades may be considered with a stop loss placed below 25300."

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Quote on Nifty 24th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities

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