Quote on Nifty 27th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 27th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities
"The index has slipped sharply lower after spending three days below the key short-term moving average. Besides, the index has slipped below the 200 DMA, confirming weakness which might stay here for a bit longer. The indicator RSI has turned very bearish. Over the short term, the index might remain under selling pressure, with rallies being sold into. Support on the lower end is placed at 25,000 / 24,750. On the higher end, resistance is placed at 25,370."
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