Quote on Nifty 26th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities
Belowthe Quote on Nifty 26th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty 50 witnessed another day of lackluster trading, as the index continued to remain confined within a narrow range before closing flat. On the daily chart, the index has been consistently failing to reclaim the 21-EMA, exhibiting an overall lack of strength. The RSI is in a bearish crossover, indicating weakening momentum. The sentiment is likely to remain weak in the near term, with a possibility of falling towards 25,300. On the higher end, resistance is placed at 25,550–25,600."
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