2025-03-24 05:22:00 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 Nifty has witnessed a further extension of its upward move, rising above the resistance level of 23,600. The RSI is in a bullish crossover, coupled with the fact that the price has been sustaining above the 50 EMA for the last three days. In the short term, the index is likely to remain strong as long as it stays above the support level of 23,500. Only a decisive fall below 23,500 might trigger a small correction in the market."
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

Government introduces Boilers Bill in LS to replace...

Indian domestic software market to hit $100 billion ...

FIIs stood as net buyers in equities as per March 25...

Lok Sabha passes Finance Bill 2025

Views on SEBI Allows Research Analysts to Collect Fe...

Prime Minister Narendra Modi extends birthday wishes...

Nurturing Healthy Habits: A Comprehensive Guide to M...

Evening Track : Gold Gains on Tariff Uncertainty, Co...

The Grit and Grind of a Road Salesman: A Journey of ...

NURA Launches Mobile Health Screening Facility `NURA...
Tag News

Daily Market Commentary : Indian Equity markets took a breather today after rising 5.6% in t...

MOSt Market Roundup : Nifty future closed negative with losses of 0.14% at 23665 levels - Motilal Oswal Wealth Management

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

Market Quote : Broader Market Sees Profit Booking After Six-Day Recovery Rally Says Vinod Nair, Head of Research, Geojit Financial Services