IGI Logo

NIFTY OUTLOOK

Thursday’s second half saw almost all of the day’s gains being wiped off, prompting a neutral start to today. If able to float above 17760, Nifty could see revival in upside hopes, but limited to a modest objective of 18000 initially, this week. But unlike last week, when we placed low bets on a break of 17650/600, we are now too close to the key level, to not factor in a vertical drop. A break of 17600, could trigger a 16500 move, but we hope that the 17350-17166 region will help bulls to regroup.

To Read Complete Report & Disclaimer Click Here

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 

SEBI Registration Number: INH200000345

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer