Alternatively, inability to float above 17045 could call for weakness, but a collapse is less likely today - Geojit Financial
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NIFTY OUTLOOK
Mean reversion is likely to set in soon. However, yesterday’s upsides do have enough momentum to push prices further higher, though at a less obtuse angle, before such dip evolves. Estimated reach of today’s upside is in the 17220-320 region. Alternatively, inability to float above 17045 could call for weakness, but a collapse is less likely today.
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