2025-03-10 09:33:52 am | Source: Geojit Financial Services Ltd
Morning Nifty and Derivative Comments 10 March 2025 By Anand James, Geojit Financial Services
Below the Quote on Technical Views by Anand James, Chief Market Strategist, Geojit Financial Service
Nifty outlook:
We are now near the highs formed in the last week of February, shortly after which a massive breakdown unfolded. The 20 day SMA is also not far. This explains the shooting star candlestick formation on Friday, pointing to indecision or a potential down move. Ideally, such a downswing could extend to 22245. Alternatively, if upswings take off without requiring to slip below 22470, or if downswings do not force a close below 22300 in these days, then the 23000 objective could continue to be in contention. - 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
India`s economy remains resilient amid spike in glob...
9 non-agri indicators show improvement in April-May;...
Centre approved Rs 417 crore electronics manufacturi...
Quote on MSME Day Story by Mr. Dhiraj Jha, CEO of Sa...
FIIs stood as net sellers in equities as per June 25...
Cabinet okays Rs 5,940 crore revised Jharia Master Plan
CDSL, IIM Mumbai join hands to use data analytics fo...
MOSt Market Roundup : Nifty index opened gap up by m...
Special Olympics Celebrates One Year Countdown to 20...
PLI scheme: Piyush Goyal calls for export competitiv...
