2025-08-20 09:29:38 am | Source: Geojit Financial Services Ltd
Market Watch: Nifty at 50 DMA by Geojit Financial Services Ltd
Nifty Outlook
Though yesterday’s upswings stalled as feared, yet again on approach to 25013, the 50 day SMA now, we prefer to acknowledge the bounce off 24850 as a positive signal. Towards this end, as long as 24850 holds, our favoured approach would be to buy dips today as well, but with upsides limited to 25096-25156-25200.
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