Quote on Nifty 11th August 2025 by Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 11th August 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty picked up right where it left off on Friday, but with an entirely different mood. Rising from the ashes, the index staged a spirited comeback, adding nearly 200 points through the day. The earlier breakdown now seems to have given way to a short-term pullback, as the market brushed aside recent weakness. We’re not completely out of the woods yet, but Monday’s bounce from the recent low carries enough steam to power further gains. Immediate support lies at 24,337, with the next upside targets seen around 24,850 and 25,000."
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