A bounce back is in order, aiming 17177 followed by resumption of downtrend towards 16700-50 - Geojit Financial
NIFTY OUTLOOK
A bounce back is in order, aiming 17177 followed by resumption of downtrend towards 16700-500. However, a close above 17177 could delay this move, but we would watch out for performance at 17280 before a relief rally NIFTY aiming 17450 is played.
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Trend reversal in FPI investment from buying in last 3 months to selling in Sep