Quote on Nifty 30th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

2026-10-30 06:24:51 pm | Source: LKP Securities Ltd

Quote on Nifty 30th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #LKPSecuritiesLtd #VatsalBhuva

Below the Quote on Nifty 30th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

"After a few sessions of consolidation, Nifty witnessed a breakout on Thursday, closing above the crucial 22,800 level and decisively reclaiming its 20-DMA. The RSI has also entered a bullish crossover, indicating improving momentum. On the 3-hour chart, a symmetrical triangle pattern is developing, with a breakout above 23,250 required for confirmation. The short-term outlook remains positive as long as the index sustains above 22,800. Traders can consider booking partial profits near 23,250 while holding the remaining long positions with a trailing stop-loss of 22,950."

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Quote on Nifty 30th October 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities

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