K KARTHIK RAJA
February 21, 2025 at 03:06 AM
*Nifty Outlook for Upcoming Days - 21.02.2025*
* Trend: Bearish, trading in a descending channel. Below 50, 100 & 200 EMA.
* Resistance: 23,350 - 23,500 (Breakout = Bullish Reversal)
* Support: 22,750 (Holding), 22,642 – 22,500 (Break = More Downside)
* Volume: Decreasing; signs of buyer interest near 22,750.
* Short-term: Bearish unless 23,350+ breakout. Watch 22,750 support.
* Long-term: Bullish only above 24,000; accumulation zone 22,500 – 22,000.
*Disclaimer: This analysis is for educational purposes only. Not investment advice.*