Quote on Nifty 26th September 2025 from Rupak De, Senior Technical Analyst at LKP Securities
Below the Quote on Nifty 26th September 2025 from Rupak De, Senior Technical Analyst at LKP Securities
"The Nifty broke below the crucial support level of 25,000, which triggered a decline and led to the breach of other intermediate supports. The sentiment remains weak, with immediate and critical support placed in the 24,550–24,500 zone. A decisive breakdown below 24,500 could extend the correction towards 24,150, which corresponds to the 38.20% Fibonacci retracement of the rally from 21,743 to 25,669. On the other hand, if the index holds above 24,500, a sharp recovery can be expected."
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