Quote on Nifty 26th December 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 26th December 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty continues to remain weak as the index has slipped below the 21 EMA on the hourly chart, indicating a rise in bearish bets after two days of rangebound phase in recent sessions. The RSI is in a bearish crossover and trending lower, reflecting weakening momentum. During the session, the Nifty found support near the 26,000 level, where the 21 EMA is currently placed. In the near term, the trend may improve and retrace towards 26,200 and higher, provided 26,000 holds decisively. However, a sustained move below 26,000 could trigger further weakness in the market."
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