Morning Nifty and Derivative Comments 20 February 2025 By Anand James, Geojit Financial Services

2025-02-20 09:57:53 am | Source: Geojit Financial Services Ltd

Morning Nifty and Derivative Comments 20 February 2025 By Anand James, Geojit Financial Services

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #GeojitFinancialServicesLtd #AnandJames

Below the Quote on Technical Views by Anand James, Chief Market Strategist, Geojit Financial Service

Nifty outlook:

As feared, the upswings turned lower from the 23060 vicinity, the level assumed to provide the first line of resistance yesterday. This renders the 22800 region ever more vulnerable, but yesterday's close does not leave us with signs of an outright collapse. We favour an ascent before such downside break unfolds, for the sake of momentum. While this prompts us to retain 23150 as the upside objective, we have no intention of taking our eyes off the prospects of an imminent drop aiming at 21800-21300, unless 23300 is conquered. - 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

IGI Logo

Morning Nifty and Derivative Comments 20 February 2025 By Anand James, Geojit Financial Services

Top News

Tag News

More News