homevideos Newsmarket NewsMarket set up: First stop for Nifty likely at 17,148

Market set-up: First stop for Nifty likely at 17,148

On Nifty, the 20-day moving average (DMA) stands at about 17,148. Above that, the market may pick up more in terms of confidence. One should not read too much into price action as the year is ending. A better and firmer trend is expected as we step into 2022.

By Prashant Nair Dec 24, 2021 9:05:47 AM IST (Published)

On Nifty, the 20-day moving average (DMA) stands at about 17,148. Above that, the market may pick up more in terms of confidence. One should not read too much into price action as the year is ending. A better and firmer trend is expected as we step into 2022.

Also Read:

Trade setup for Dec 24: Will Nifty50's pullback come to a halt? Check out key market cues before Friday's session

Watch the accompanying video for more details.