2025-03-19 08:54:17 am | Source: Geojit Financial Services Ltd
Morning Nifty and Derivative Comments 19 March 2025 By Anand James, Geojit Financial Services
Below the Quote on by Technical Views by Anand James, Chief Market Strategist, Geojit Financial Service
Nifty outlook:
While it took 10 trading sessions to swing higher from the lower Bollinger band and break above the middle band, we expect the travel to the upper band to unfold in much less time. This should also suggest that the 23000 region which was expected to spark a stop and reverse move, may give away. Ideally, a full retracement to the Feb peak should unfold, setting us up with 23807 as the optimistic target, with intermediate resistance spotted in the 23460-500 vicinity. Alternatively, inability to close above 22730 today after early positivity, could signal loss in momentum, but an outright reversal is less favoured. - Read more
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Pakistan Women cricket team arrive at R Premadasa St...
4th clash in 4 week! Indian Women set for Pakistan c...
Defence & Aerospace Sector Update : Private sector o...
India Women?s Cricket Team Arrives at Colombo Stadiu...
IND vs PAK set to lock horns in ICC Women?s World Cu...
?Won after working really hard?: Manish Sureshkumar ...
?I was confident?? Vaishnavi Adkar on winning 30th F...
?India remains long-term bet?, Says Rare Enterprises...
EAM S Jaishankar delivers remarks on ?seeking prospe...
?Satta badalne ja rahi hai?? Tejashwi Yadav confiden...
