Share India Securities Research
Share India Securities Research
February 25, 2025 at 01:43 AM
*MARKET TRENDS & STRATEGIES @ 7.15am – Tuesday, February 25th 2025* MARKET TRENDS: # Global: Negative # FII: Negative (-6286.70 Cr) # DII: Positive (+5185.65 Cr) # Sentiment: Risky # Market Breadth: Negative # Technicals: Lower high/low # F&O: 22000 – 24000 zone. # INDIA VIX 14.44 (-0.62%) # USD/INR 86.70 # Nifty PCR (27th Feb) 0.62 # Bank Nifty PCR (27th Feb) 0.74 # Nifty Outlook: A miserable day quite likely for Nifty bulls. # WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY: Nifty Technically: Nifty (CMP: 22553) SUPPORT: 22350/21281 RESISTANCE: 22850/23267 RANGE: 22350-22850 BIAS: Negative 21 DMA: 23185 50 DMA: 23397 200 DMA: 24070 Bank Nifty Technically: BANK NIFTY (CMP 48652): SUPPORT: 47844/46100 RESISTANCE: 49500/50700 RANGE: 48000-49000 BIAS: Negative 21 DMA: 49471 50 DMA: 49798 200 DMA: 50940 # Nifty: In Monday’s trade, Nifty started the session on a gap-down note as profit booking continued to be the preferred theme and the negative takeaway was that the downside was drastic as the benchmark Nifty ended the session on a jittery note. In the process, Nifty formed a bearish candlestick pattern on the daily charts indicating that bears are likely to be everywhere in the near term. Nifty’s all-time-high continues to be at 26277.35 mark. The technical landscape suggests Nifty’s major support at 22350/22000 mark. Intermonth support still seen at 21281 mark. Nifty’s hurdles seen at 22850/23050 mark and then at 24300 mark. Nifty’s 200 DMA at 24070 mark. # Bank Nifty: In yesterday’s trade, Bank Nifty was seen trading below the dotted and the negative takeaway was the index ended well below the dotted lines and on a bearish note. Bank Nifty all-time-high continues to be at 54467.35 mark. Bank Nifty ended 0.67% lower as against Nifty’s 1.06% loss. Interestingly in Monday’s trade, Nifty PSU Bank index ended 0.29% lower while Nifty Private Bank index ended 0.39% lower. Intraday support for Bank Nifty now seen at 48100/47844 mark and then at 46100 mark on closing basis. In today’s trade and in near term, Bank Nifty is likely to face resistance at 49500/50700 mark. Bank Nifty’s 200-DMA is placed at 50940 mark. Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries. 🇮🇳 🇮🇳 🙏🏻

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