We underestimated momentum as Nifty hit 23600 target set Monday

2026-03-18 09:45:39 am | Source: Geojit Investments Limited

We underestimated momentum as Nifty hit 23600 target set Monday - Geojit Investments Ltd

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Nifty Outlook

We misread the momentum that persisted yesterday, which helped to fully achieve the 23600 objective that we had set out with on Monday. Expect 23700 region to pose a challenge, a direct rise past which is required for playing the second objective of 23990. The 23550 region will have to hold early slippages to prepare Nifty for an early launch higher. Slippage past the same, will have the potential to push Nifty into 23300- 130 region, but a collapse is less expected today.

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We underestimated momentum as Nifty hit 23600 target set Monday - Geojit Investments Ltd

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