The Economic Times News

Niftys long-term uptrend intact, but short-term trend turns cautious below 25,900: Vinay Rajani

Nifty has slipped below 25,900, signalling short-term weakness, but its broader uptrend remains intact, says HDFC Securities Vinay Rajani. He has also flagged 26,060 as the key resistance for a bullish reversal and 25,700 as crucial support. A break below this level could turn the trend into a positional downtrend.