
SAHI Trading
February 24, 2025 at 03:20 AM
The Gift Nifty indicates a lower start for the Markets.
🌍 U.S Markets
The U.S. Markets ended on a negative note.
DJIA -1.69%
NASDAQ -2.20%
S&P -1.71%
📊 Market Moves
🔹Nifty and Bank Nifty remain under pressure, consistently facing rejection from higher levels, while the immediate lows are offering key support. A breach below these levels could open the door to more downside.
Will the indices defend their support, or is a deeper correction on the horizon?
🔹Key levels
🔹 Nifty: Support: 22,700 | Resistance: 22,850 & 23,000
🔹 Bank Nifty: Support: 48,750 | Resistance: 49,150 & 49,300
🔻FII/DII Activity
FIIs sold ₹3,449.15 Cr in the cash market, but DIIs countered the outflow by buying ₹2,884.61 Cr.
🔍Stocks to watch
Bajaj Finance
Dr Reddy’s Labs
Kotak Mahindra Bank