NIFTY View For 21/03/2025

Manas Jaiswal Research Analyst Image

Yesterday, NIFTY opened on a positive note, surging past the 23,000 mark in early trade. It maintained an upward trajectory, forming higher tops and higher bottoms on the intraday charts, testing 23,200, and closing just below this level.

The index continues to exhibit a strong bullish structure, reinforcing our positive outlook. We maintain our next target at 23,390, aligned with the 100DEMA.

On the downside, support has moved higher to the 23,000–22,900 range. Long positions can be held with a stop-loss below 22,900.

Nifty Imp Levels For 21/03/2025

Open 23036
High 23216
Low 22973
Close 23190
S 1 23037
S 2 22884
R 1 23280
R 2 23369

Actionable Ideas On Nifty for 21/03/2025

Action SL TGT
Buy above 23225 23149 23375
Sell below 22875 22951 22725
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Manas Jaiswal Technical Research Group