Market Watch: Asia up, but eyes crucial BoJ decision

2025-01-24 09:09:57 am | Source: Geojit Financial Services Ltd

Market Watch: Asia up, but eyes crucial BoJ decision - Geojit Financial Services Ltd

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Nifty Outlook

The two days of consecutive upsides failed to gain momentum is suggestive that a range breakout might take longer to evolve. So, while we brace for more swings within the 23000-23400 region, positivity may linger as long as above 23155. Such positivity could however wane once 23300 is crossed, but may resurface on push above 23440. Alternatively, a slippage past 23155 may let bears dominate, though a free fall may be restricted by 23050-22980 supports for now.

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Market Watch: Asia up, but eyes crucial BoJ decision - Geojit Financial Services Ltd

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