2025-09-02 05:15:19 pm | Source: LKP Securities Ltd
Quote on Nifty 02 September 2025 from Rupak De, Senior Technical Analyst, LKP Securities
Below the Quote on Nifty 02 September 2025 from Rupak De, Senior Technical Analyst, LKP Securities
"The Nifty faced strong rejection at the 21EMA, leading to a sharp intraday fall. The market continues to remain in a sell-on-rise mode until it moves back above 24,850. The daily RSI is in a bearish crossover with a reading below 50. In the short term, the trend is likely to remain weak. On the lower end, support is placed at 24,500, while on the higher end, resistances are placed at 24,700 and 24,850."
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