Tech view: Nifty formed a red candle on the daily chart, signalling weakness, but found support near the 21-day simple moving average (DSMA) at 23,290. On the upside, resistance lies at the 50-DSMA near 23,740, followed by 23,800. A drop below 23,290 could deepen losses. Traders should watch these key levels, advised Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
2 top stock recommendations from Aditya Arora
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
March 17, 2025