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

Below the Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
"The Nifty was unable to break above the 50 EMA on the daily timeframe, resulting in a market correction. However, sentiment remains positive as the index closed above 24,000. The RSI shows a bullish crossover. On the upside, the index may rise towards 24,200–24,220, with a break above 24,220 potentially pushing it to 24,500. Conversely, a decisive move below 24,000 could lead the index towards 23,700."
Above views are of the author and not of the website kindly read disclaimer










Tag News

Quote on Post Market Comment 09 July 2025 by Hardik Matalia, Research Analyst, Choice Brokin...


