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2026-01-12 10:21:09 am | Source: Geojit Investments Ltd
Market Watch: Results season brings hopes of relief from declines by Geojit Investments Ltd
Market Watch: Results season brings hopes of relief from declines by Geojit Investments Ltd

Nifty Outlook

Friday’s sharp fall has exposed the 200 day SMA positioned deep at 25063 as the next good support. This also warns us that Nifty is probably coming off a sideways trading range that has been on since November 2025, prompting us to consider the possibilities of a larger fall. That said, oscillators are oversold, and we are still in the vicinity of the December low, providing a reasonable window for bulls to regroup and bring about a turn higher.

 

 

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