Powered by: Motilal Oswal
2025-06-23 09:25:16 am | Source: Geojit Financial Services Ltd
Market Watch : Global markets brace for Iran response after US strikes by Geojit Financial Services Ltd
Market Watch : Global markets brace for Iran response after US strikes by Geojit Financial Services Ltd

Nifty Outlook

Despite the sharp rise on Friday, the pull back from highs in the closing hour, point to reluctance played out in the last month as well on approach to 25000. As is, upsides look limited to 25200-460 band. Being at the upper Bollinger band and with ADX at 13.2, momentum is missing. Inability to float above 25045 will call for dips, but for now, they are less likely to exceed 24865/827. We will wait for slippage past 24500/440 to switch sides.

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here