Quote on Nifty 26th June 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 26th June 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"Nifty has given a decisive move above the recent consolidation on the daily chart, indicating growing optimism among traders and investors. Unprecedented put writing and call unwinding ahead of the NSE monthly expiry also signaled bullish aggression yesterday. Now that the index has broken above the consolidation zone, we continue to maintain our bullish view going forward. With no major resistance until the 25,700–25,750 zone, we expect this rally to extend by another 150–200 points on the upside. On the downside, support is seen around 25,300–25,350."
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