
Financial Titan
February 4, 2025 at 03:38 AM
*Indian Markets - 4th Feb 2025:*
Even after some consolidation in the Indian markets we are still left with some technical strength as Nifty is trading above 10 & 20 DMA which depicts some strength at least in the short term. FIIs are still selling continuously without any pause and that is now allowing us to recover in any case.
As the global mood is good today, we can expected a good start but the matter of concern is about sustaining the gap up. 23,300 still remains an important support zone for Nifty and if that is broken again then we might get in some trouble again, but I feel that we are about to have a good day of trade.
Disclaimer- The levels and views are for educational & informational purposes only, please consult your financial advisor before taking any position.
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