Powered by: Motilal Oswal
2024-12-10 09:35:30 am | Source: Geojit Financial Services Ltd
Morning Nifty and Derivative comments 10 December 2024 By Anand James, Geojit Financial Services

Below the Quote on Technical Views from Anand James, Chief Market Strategist, Geojit Financial Services

 

Nifty outlook:

Yesterday’s slow decline and consolidation in the vicinity of 24600 sets up a window for an upswing early today. But we will wait for consistent trades above 24740 to chase rallies. Be warned of slippages to 24530-24380 should Nifty show reluctance to float above 24650. Alternatively, a direct rise above 24740 could call for sizable upsides, but we do not see enough momentum to get us to 25262-600 right away. - Read more

 

Above views are of the author and not of the website kindly read disclaimer

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
Latest News
South Korea's 2025 growth outlook to be slashed to 1...

Chandrababu Naidu invites Swiss companies to invest ...

Crude Oil is now looking overbought and sell on rise...

Index commenced the week on a positive note within t...

$100bn target of agri exports by 2030 achievable; ne...

41 pc divisive pool given to states in previous fina...

Bank Nifty witnessed a gap -up opening and maintaine...

Dixon Technologies?` net profit rises over 100 pc in...

Nifty opened with an upward gap and remained in posi...

Centre introduces `Entity Locker` for smooth busines...