2025-02-21 05:17:42 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
"Nifty fell, giving a bearish flag pattern breakdown on the hourly chart, suggesting a rise in bearishness among market participants. Additionally, Nifty has closed at a multi-day low amid increased bearish sentiment. The RSI (14) has entered a bearish crossover. On the lower end, a correction towards 22,500 looks possible in the short term, while on the higher end, 22,850 might continue to remain a strong resistance."
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
Safety Tips for Family Travelers: Ensuring a Secure ...
Wildlife Safari Tourism: Balancing Adventure and Con...
Cultural Tourism in UNESCO World Heritage Sites: Pre...
Cultural Tourism in UNESCO World Heritage Sites: Pre...
Couple Tourism in India: Hidden Gems and Popular Spots
Budget Leisure Travel: How to Travel More, Spend Less
Solo Travel for Self-Healing and Mindfulness: A Jour...
Ultimate Summer Beach Adventures Across the Globe
Visa Policies and Their Impact on International Tour...
Rural Tourism in India: Experiencing Authentic Villa...
