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

2025-02-02 01:58:26 pm | Source: LKP securities Ltd

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

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Below the Quote on Nifty from Rupak De, Senior Technical Analyst at LKP Securities

The Nifty has witnessed a roller-coaster ride during the Budget session. On the daily chart, a small-bodied candle has formed, indicating indecision. Nifty has support at 23,280, and as long as it remains above this level, the trend might stay positive. On the higher end, the index could move towards 23,700–24,000 in the short term. However, a fall below 23,280 might trigger panic in the market.

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

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