Nifty 50 - Premarket Analysis Feb 18, '25

Slated for a flat start this AM. Early Signs of a Bottom, or a Temporary Pause? This is the key question as the Nifty battles to defend the 22,800 zone with a small bear-trap in yesterday's session. We maintain a negative stance for the time being with the same downside target (21,500), but I would recommend trailing your stops on short positions quite close to about 23,250-23,300.