Near 10-day SMA, bullish exhaustion after 900pt 3-day run

2026-03-19 09:40:17 am | Source: Geojit Investments Limited

Near 10-day SMA, bullish exhaustion after 900pt 3-day run - Geojit Investments Ltd

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Nifty Outlook

After coming to the vicinity of the 10 day sma, bullish exhaustion became visible yesterday having run up nearly 900 points in the span of three days. We will now wait for a break below 23111, Monday’s open, to signal a collapse. Until then, expect wild swings, with VIX near 19. The upswings that may be expected early in the day may require to push above 23450 for seeing strength.

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Near 10-day SMA, bullish exhaustion after 900pt 3-day run - Geojit Investments Ltd

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