Quote on Nifty 28th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

2026-10-28 06:02:37 pm | Source: LKP Securities Ltd

Quote on Nifty 28th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

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Below the Quote on Nifty 28th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

"The Nifty index remains range-bound on the daily chart, consolidating within the broader 22,400–22,800 band. Key support is placed at 22,500, where solid buying interest repeatedly emerges, while 22,800 acts as formidable resistance after the index failed to hold 22,700 during market hours. A decisive breakout beyond these levels will trigger the next trending move. With elevated crude oil, US 10-year yields topping 5%, and India VIX above 15, traders should maintain caution and strictly align strategies with the prevailing broader trend."

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Quote on Nifty 28th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

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