2026-04-22 09:17:40 am | Source: Geojit Investments Limited
Nifty broke 24400, moved higher without sudden collapse now - Geojit Investments Ltd
Nifty Outlook
Even though a vertical rise did not follow, the break past 24400 succeeded in pushing Nifty higher through the day without the threat of sudden collapse. This was surprising given the mixed signals from oscillators in the last few days. We will retain our cautious approach today, prepared to play a downside move aiming 24150-23980 should we see a slippage past 24340. Alternatively, we will look for consistent trades above 24550 to confirm strength.
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