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

Thank Jimmy Carter for Cheap Airfare

And also smartphones and FedEx, all of which were...

NYT Mini crossword answers, hints for January 10, 2025

Answers to each clue for the January 10, 2025...

Im a big fan of the AirPods Pro 2, and theyre on sale at Best Buy for one day only

As of Jan. 10, Apple's AirPods Pro 2 are...

Facebook’s New Free Speech Policy Shows Business Getting Back to Business

It’s the latest company to step back from dangerous...