2025-02-27 10:55:35 am | Source: Geojit Financial Services Ltd
Morning Nifty and Derivative Comments 27 February 2024 By Anand James, Geojit Financial Services
Below the Quote on Technical Views by Anand James, Chief Market Strategist, Geojit Financial Service
Nifty outlook:
Tuesday's bounce back was turned lower from the 22620 vicinity itself, pointing towards the feebleness of the recovery attempt. A parallel consolidation in the last three days does show signs of giving away on the downside. However, RSI having reached 30 just the other day, we are in favour of a better recovery attempt that should try and penetrate the 22620-730 region. But as maintained all this week, we will wait for 22950 to be conquered, as a confirmation of strength. Downside marker for the day may be placed at 22530, with deeper support seen at 22300. - 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
Sensex slumps to 10-month low, Nifty slides over 6-m...
Bajaj Hindusthan Sugar leads the gainers of group A ...
EU-India FTA comes as strategic hedge amid new world...
India`s PMI services remain strong in February at 58.1
Aarti Drugs rises as its arm incorporates overseas w...
Bond yields trade higher on Wednesday
Call rates edge higher on Wednesday
HCL Technologies inches up on adding three network a...
Princess Diana: The People`s Princess Who Redefined ...
Kriti Sanon applies colour to Nupur & Stebin as they...
