Quote on Nifty 29th October 2025 by Rupak De, Senior Technical Analyst at LKP Securities

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

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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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Quote on Nifty 29th October 2025 by Rupak De, Senior Technical Analyst at LKP Securities

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