Morning Nifty and Derivative Comments 12 February 2025 By Anand James, Geojit Financial Services

2025-02-12 10:28:55 am | Source: Geojit Financial Services Ltd.

Morning Nifty and Derivative Comments 12 February 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 Services

Nifty outlook:

Upswings got challenged much earlier than expected, but the downsides thereof stopped shortly after testing our downside objective of 23060. This encourages us to look for a recovery attempt today. Like yesterday we will carefully gauge the upside prospects on the go, but as is, the objectives may be placed at 23320, with 23200 appearing as a critical challenge. Alternatively, inability to float above 23138 or a direct fall past 22960, could trigger stronger falls, starting with 22800, but favoured view see low prospects of such a collapse, for now. - Read more

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Morning Nifty and Derivative Comments 12 February 2025 By Anand James, Geojit Financial Services

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