2025-02-27 05:30:06 pm | Source: LKP Securities Ltd
Quote on Nifty by Rupak De, Senior Technical Analyst at LKP Securities

Below the Quote on Nifty by Rupak De, Senior Technical Analyst at LKP Securities
"Nifty remained range bound during the day before closing flat. Sellers continued to dominate the market at higher levels. On the lower end, 22,500 continues to act as support, similar to how 22,800 did a few days ago. We expect Nifty to decline towards 22,200 and lower if it falls below 22,500. On the higher end, 22,650 might act as immediate resistance. In the short term, the index is likely to remain a "sell on rise" as long as it stays below the 22,750-22,800 range."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News

Renault Group to buy Nissan`s 51 pc stake in India J...

Biotechnology remains a priority sector in India, sa...

Gold Hits Record $3,125: Soaring 19% in Q1 Amid Tari...

India remains strong growth pillar for Nissan as fir...

World Backup Day: India`s DPDP Act to enable Indian ...

New tariff policy for pipelines on anvil to reduce c...

India committed to sustainable energy through nuclea...

Indian specialty chemicals sector`s 7?8 pc revenue g...

Fundamental Stock Pick: CSM Info Systems Ltd by Nirm...

Stock short selling at over $1.16 bn on 1st day of r...