2025-02-18 10:29:05 am | Source: Geojit Financial Services Ltd.
Morning Nifty and Derivative Comments 18 February 2025 By Anand James, Geojit Financial Services
Below the Quote on Technical Views by Anand James, Chief Market Strategist, Geojit Financial Service
Nifty outlook:
A thousand point upswing that unfolded following a test of 22800 in January has encouraged traders to be brave this time as well, as consolidation continues in the 22800 vicinity. Consequently a positive RSI divergence is shaping up providing supporting signals for yet another upswing. Such a move may see 23150 as the first objective. But, as maintained yesterday, we require a push beyond 23300 inorder to avert an imminent drop aiming 21800-21300. - Read more
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