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