Nifty Outlook : The upside breakoutpoint has been pushed higher to 18270 - Geojit Financial Services
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Nifty Outlook
Despite the enthusiastic push higher above 18100 yesterday, the proximity of key resistances ahead look to be preventing Nifty from a free run. We will remain hopeful towards renewed attempts to scale them, as longas dips are held above 18047. As is, the upside breakoutpoint has been pushed higher to 18270, while the lowerband is at 17800.
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