2025-03-19 08:54:17 am | Source: Geojit Financial Services Ltd
Morning Nifty and Derivative Comments 19 March 2025 By Anand James, Geojit Financial Services

Below the Quote on by Technical Views by Anand James, Chief Market Strategist, Geojit Financial Service
Nifty outlook:
While it took 10 trading sessions to swing higher from the lower Bollinger band and break above the middle band, we expect the travel to the upper band to unfold in much less time. This should also suggest that the 23000 region which was expected to spark a stop and reverse move, may give away. Ideally, a full retracement to the Feb peak should unfold, setting us up with 23807 as the optimistic target, with intermediate resistance spotted in the 23460-500 vicinity. Alternatively, inability to close above 22730 today after early positivity, could signal loss in momentum, but an outright reversal is less favoured. - 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

Evening Roundup : A Daily Report on Bullion Energy &...

Company Update : Rushil Decor Ltd by Prabhudas Lilla...

India, EU to hold 14th round of free trade agreement...

Adani Enterprises to build Sonprayag-Kedarnath ropew...

Nifty future closed negative with losses of 0.14% at...

AI growing fast, regulation must keep pace: FM Nirma...

Investment of Rs 4,000 crore from Japanese companies...

Quote on Market Wrap 15th September 2025 by Shrikant...

India?s trade deficit narrows to $26.49 bn in August...

FIIs stood as net buyers in equities as per Septembe...
More News

Quote on Market Wrap Up 28th July 2025 by Shrikant Chouhan, Head Equity Research, Kotak Secu...

Daily Market Commentary : Nifty Hits 7-Month Low at 22,829 Amid Weak Global Cues & Earnings Says Mr. Siddhartha Khemka, Motilal...

Quote on Market Morning Inputs by Shrikant Chouhan, Head Equity Research, Kotak Securities

Quote on Pre-Market Comment by Hardik Matalia, Research Analyst, Choice Broking Ltd