Tech View: Nifty faces resistance at 200-DSMA; staying below 23,930 may signal more downside.How to trade on Friday

Date:

According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, if the Nifty sustains above 23,460, a short-term pullback toward 23,800-23,900 is likely. However, resistance is expected near 23,930, where the 200-DSMA is positioned. Falling below 23,460 could lead to further weakness, potentially dragging the index down to the 23,300-23,200 range.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Brickbat: Multiple Failures

A New York City Board of Corrections report found...

Friday Open Thread

What's on your mind?

Friday Open Thread

What's on your mind?

Silo Season 2, episode 9: What really happened to Solo?

In "Silo" Season 2, episode 9, we learn the...