Quote on Nifty 15 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities

Below the Quote on Nifty 15 July 2025 by Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty recovered during the day as the index found support around 25,000 in the previous trading session. On the higher end, however, it faced initial resistance at the 21-EMA, which is placed around 25,250. A decisive move above 25,260 in the coming sessions could lead to a rally towards 25,400 and beyond. On the other hand, a failure to sustain above 25,260 might weaken the bulls’ grip on the market. In that case, the Nifty may decline towards the support zone of 25,000 and 24,920–24,900."
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