Firstly watch sustaining beyond
23205-23293 after US markets
led upward moves today
Post-open Outlook
(22-01-2025)
As Dow Jones closed 537 points up yesterday and resultant sentiment turned positive today morning therefore
1- Green zone trading of Indian markets is being seen today.
but
2- Midcap and Smallcap Indices are now trading more than 700 and 250 points down respectively.
3- Bank Nifty is trading in Red
As good selling was seen between 23205-23293 and above this range yesterday and this range is immediate resistance of Nifty therefore until Nifty will not sustain above this range till then decisive up moves will not be seen and firstly sustaining it beyond should be watched today for next intraday decisive moves beginning confirmations.