Todays Market analysis (28 February 2025) and Tomorrow prediction ( 03 March 2025)
Introduction
Highlights
Nifty Open: 22433
Nifty High: 22450
Nifty low: 22104
Nifty Close: 22124
Previous Close: 22545
FII CM: -11639 crore
DII CM: +12308 crore
Overall: fall by -420 points (1.9 %)
Technical Analysis
The market is not stopping falling and from the last swing, the market corrects itself for about 1700 approx. points. I believe it will still fall to levels of 21500 then more up to 21000. The aggressive buying will be shown at 21000 definitely. The standing OI shows a weekly PCR of 0.65, its a bearish sentiment, and a monthly PCR of 0.95, which is a slightly bullish sentiment. The PCR shows the overall mood of the market.
Conclusion
My previous day's prediction of the 28 February market is right because the market traded in our bearish trade zone, and was able to capture 300 points. The prediction for Monday 03 March is that the no trade zone levels are 22300 and 22500. Above 22500 to 22800 remain bullish and below 22300 to 22100 remain bearish. Tomorrow we believe the market will show saturation.