2025-04-01 04:22:13 pm | Source: LKP securities Ltd
Quote on Nifty from Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty from Rupak De, Senior Technical Analyst at LKP Securities
"The index has experienced a sharp decline, approaching the 50EMA on the daily chart. This drop follows a recent phase of consolidation, signaling a weakening sentiment. However, in the near term, the 50EMA support could play a crucial role in stabilizing the market. If this level holds, we may see a recovery.
That said, a decisive breakdown below 23,115 could trigger a deeper correction. On the upside, resistance is observed at 23,250—a breakout above this level could reignite bullish momentum in the market."
That said, a decisive breakdown below 23,115 could trigger a deeper correction. On the upside, resistance is observed at 23,250—a breakout above this level could reignite bullish momentum 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
Buy Tata Power Ltd for the Target Rs.455 by Motilal ...
Jio BlackRock MF introduces Large Cap Fund
Neutral PowerGrid Ltd for the Target Rs.302 by Motil...
Neutral Bajaj Finance Ltd for the Target Rs.900 by M...
Construction costs likely to rise amid strong fundam...
ACME Solar Holdings soars on commissioning first pha...
Packaging market set to hit $92 bn by FY30 on consum...
SEPC zooms on getting nod to acquire 90% stake in Av...
Buy VST Tillers Tractors Ltd For Target Rs.6,120 By ...
CESC rises as its arm incorporates wholly owned subs...
More News
Quote on Nifty by Vatsal Bhuva, Technical Analyst at LKP Securities
Quote on Weekly Market Round up by Shrikant Chouhan, Head Equity Research, Kotak Securities
Market Wrap : Markets traded in a narrow range and ended almost flat, pausing after two consecutive sessions of gains Says Mr. ...
Quote on Market Wrap 18th September 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities