Quote on Nifty 26 May 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty from Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty extended its gains on Monday as the index continues to remain strong. On the daily chart, a higher top–higher bottom formation remains intact. Any dips from here should be considered good buying opportunities. The RSI on the daily chart has re-entered a bullish crossover and is on the verge of a consolidation breakout. In the short term, the index is likely to remain strong with the potential to extend its gains towards the 25,300–25,350 range. On the lower end, support is visible at 24,800."
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