Sudeep Shah is the Head - Technical and Derivatives Research at SBI Securities
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Moneycontrol28-12-2025, 06:22

Shah: RVNL, IRFC Bullish Momentum Intact; Nifty F&O Expiry 25,970-26,130

  • Sudeep Shah expects Nifty F&O expiry between 25,970-26,130 and Bank Nifty between 58,700-59,350.
  • RVNL and IRFC show intact bullish momentum, supported by technical indicators like RSI rebound and rising MACD.
  • Titagarh Rail Systems' rally is likely to continue after a strong rebound and breaking a downward trendline.
  • Hindustan Copper and NALCO maintain a strong bullish primary trend, despite potential short-term profit booking due to high RSI.
  • Karur Vysya Bank shows a decisive breakout with strong volumes and positive momentum, indicating further upside.

Why It Matters: Expert Sudeep Shah sees bullish momentum in key railway stocks and specific banks, with Nifty expiry range defined.

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