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

2025-02-25 05:25:43 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 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."

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

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