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

2025-03-18 05:39:44 pm | Source: LKP Securities

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 Nifty has broken out of a seven-session consolidation, resulting in a strong upward move. Additionally, the index has moved above the critical 21 EMA on the daily chart, signaling a bullish short-term trend. The RSI is also in a bullish crossover and rising, further supporting the positive momentum. In the short term, the index may move towards 23,150, while support is placed at 22,700 on the lower end."

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

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