Quote on Nifty 25th August 2025 by Mr. Nilesh Jain, Head � Technical and Derivatives Research Analyst , Centrum Broking Ltd

2025-08-25 05:38:52 pm | Source: Centrum Broking Ltd

Quote on Nifty 25th August 2025 by Mr. Nilesh Jain, Head � Technical and Derivatives Research Analyst , Centrum Broking Ltd

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Below the Quote on Nifty 25th August 2025 by Mr. Nilesh Jain, Head – Technical and Derivatives Research Analyst , Centrum Broking Ltd

"The markets staged a sharp rebound as the Nifty index formed a small-bodied bullish candle with both upper and lower shadows. However, it encountered strong resistance at the 50-DMA, positioned at 25,020. A decisive move above this level will be crucial to extend the momentum towards 25,200. On the downside, immediate support is placed at 24,860. While momentum indicators continue to remain in buy mode, some consolidation is likely before the index attempts another leg higher."

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Quote on Nifty 25th August 2025 by Mr. Nilesh Jain, Head � Technical and Derivatives Research Analyst , Centrum Broking Ltd

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