2025-03-11 09:33:45 am | Source: Geojit Financial Services Ltd
Morning Nifty and Derivative Comments 11 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 had started yesterday eying downsides to 22245, with 22470 pencilled in as a potential pivot. Incidentally, the day’s downsides were arrested near 22470, but it was largely a result of how late the momentum of the downswing set in. While this will force a downside gapped opening in an attempt to fully achieve the downside objective, a fight back could be signalled if 22350/300 region stays intact. Alternatively, inability to clear 22520 on the bounce, or a direct fall below 22245 could accelerate a dive aiming for 21720. - Read more
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