Even though 15685 held downsides precisely on anticipated lines, keeping the upside view intact, there is no doubt that bulls have had a difficult week - Geojit Financial
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Nifty Outlook:
Even though 15685 held downsides precisely on anticipated lines, keeping the upside view intact, there is no doubt that bulls have had a difficult week, to get the momentum going. Towards this end, the next approach to 15900, which is likely today again, will be followed with extreme caution. While 16350 continues to be near term objective, inability to float above 15821 would be taken as a sign to cut down on longs.
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