2025-05-27 05:14:02 pm | Source: LKP securities Ltd
Quote on Nifty 27 May 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 27 May 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty has been consolidating for the past 10–11 days, setting an indecisive tone among investors. However, the overall trend remains strong as the index continues to sustain above the short-term moving average. The RSI is showing signs of fatigue and is turning downward, indicating waning bullish momentum. The short-term outlook remains positive, with the potential to reach the 25,000–25,150 range. On the lower end, support is placed at 24,700."
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