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
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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