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

2025-04-21 05:42:37 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 Nifty has given a clean breakout above the previous swing high on the daily chart as optimism among investors increases. Sentiment is expected to remain positive as long as the index sustains above the critical moving average. Moreover, the Nifty has moved above the critical resistance of 24,100; therefore, it looks well on track to reach the 24,450–24,500 zone in the short term. On the lower end, support is placed at 23,850."

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

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