Quote on Nifty 25th June 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 25th June 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"The index remained mostly positive after a strong start. Sentiment continues to improve as buying interest in stocks rises. The ceasefire following the conflict between Israel and Iran has boosted confidence among bullish traders, who are now aiming to take the Nifty towards 25,750. Immediate resistance is placed at 25,350; a breakout above this level could extend the rally towards 25,750. On the downside, the 24,820–25,000 zone is likely to continue acting as a crucial support. Unparallelled Put writing, in contrast to Call OI unwinding, reflects the bullish aggression of traders."
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