Market Watch: Nifty eyes earnings to extend recovery

2025-01-23 09:06:27 am | Source: Geojit Financial Services Ltd

Market Watch: Nifty eyes earnings to extend recovery - Geojit Financial Services Ltd

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Nifty Outlook

A strong close yesterday, after recovering from yet another penetration of 23000 mark encourages us to continue looking for 23220 or 23430, that we had lined up for yesterday. Expect early consolidation though, being in the 23140 vicinity, a pivot in its own merit, but a direct rise above 23220 could set us on path towards 23360-23440. Alternatively, if the early slippages are not held above 23055, expect weakness to dominate.

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Market Watch: Nifty eyes earnings to extend recovery - Geojit Financial Services Ltd

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