Expected slowdown near 25900, but very hammering surprised us all

2026-02-20 09:10:40 am | Source: Geojit Investments Ltd

Expected slowdown near 25900, but very hammering surprised us all - Geojit Investments Ltd

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Nifty Outlook

While the approach to 25900 was expected to see a slow down in momentum, the hammering seen from this region was unexpected. The bearish engulfing candlestick formed thereof has effectively ended the uptrend that has been on in the last few days. That said, the steepness of the fall may allow a recovery move, ideally towards 25580. Alternate scenario sees Nifty consolidating inside the 25450-180 region, with low likelihood of a further collapse today.

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Expected slowdown near 25900, but very hammering surprised us all - Geojit Investments Ltd

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