2025-02-25 05:25:43 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
"The index remained mostly muted, except for a small correction towards the close. Sentiment continues to favor the bears as the index sustained below the 21EMA on the hourly chart throughout the day, indicating selling on every rise. On the lower end, support is placed at 22,500, below which sentiment may worsen further. On the higher end, resistance is seen at 22,650 and 22,750-22,800. A rise towards resistance is likely to attract selling pressure."
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
FIIs stood as net sellers in equities as per October...
Sensex rises 583 points, Nifty tops 25,000 as IT and...
Credit-to-Deposit Ratio Breaches 80% Mark for the Fi...
RBI Proposes to Reduce Risk Weights on Infra Project...
MOSt Market Roundup : Nifty future closed positive w...
Surat Municipal Corporation Announces Green Bond Pub...
Market Commentary (closing) for 6th October 2025 by ...
68% of Indian Retail Investors Now Invest in Passive...
Quote on Market Commentary for 6th October 2025 by A...
Shaan Patel becomes youngest fund manager in India a...
