Quote on Nifty by Rupak De, Senior Technical Analyst at LKP Securities

2025-02-10 05:11:31 pm | Source: LKP Securities Ltd

Quote on Nifty by Rupak De, Senior Technical Analyst at LKP Securities

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

"The decline continues in the headline index as it has been falling after forming a lower top on the daily chart. Sentiment has weakened further after Nifty dropped below the 21EMA. Additionally, the RSI has entered a bearish crossover. In the short term, the trend may worsen below 23,350, with the potential to fall toward 23,000 if it sustains below this level. On the higher end, resistance is seen at 23,550."

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Quote on Nifty by Rupak De, Senior Technical Analyst at LKP Securities

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