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2025-05-29 05:30:26 pm | Source: LKP securities Ltd
Quote on Nifty 29 may 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Quote on Nifty 29 may 2025 by Rupak De, Senior Technical Analyst at LKP Securities

Below the Quote on Nifty 29 may 2025 by Rupak De, Senior Technical Analyst at LKP Securities

 

"Nifty witnessed a volatile session on the day of monthly expiry. The momentum continues to remain weak, with the RSI still pointing downward. The next crucial support is at 24,670. If the index falls below this level, a sharp correction may occur, potentially dragging the index down to 24,400/ 24,300.  On the other hand, if Nifty holds above 24,670, it could witness a smart recovery towards 25,000 or 25,150 in the short term."

 

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