Morning Nifty and Derivative Comments 10 March 2025 By Anand James, Geojit Financial Services

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

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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

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Morning Nifty and Derivative Comments 10 March 2025 By Anand James, Geojit Financial Services

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