2025-10-29 05:12:12 pm | Source: LKP Securities Ltd
Quote on Nifty 29th October 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 29th October 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"Optimism over progress in the US-China deal took the Nifty higher. However, market participants preferred to wait ahead of the Fed rate decision and its forward-looking commentary before pushing the index above the recent high. Sentiment remains intact with a strong bullish technical setup. Initial support is placed at 25,850, below which the index might slip into a consolidation zone. On the higher end, once Nifty decisively moves above 26,100, it is likely to advance towards 26,300/26,500 in the short term."
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