Nifty falling all the way to 15090 that we had lined up in the event a major breakdown, and would rather mark 15450 - Geojit Financial
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Nifty Outlook:
Yesterday’s drop may help to bring in directionality, which has been missing for more than a fortnight. However, we fail to see Nifty falling all the way to 15090 that we had lined up in the event a major breakdown, and would rather mark 15450 as the lower bound for now. Bears should dominate today, but expect upside plays to resurface, in the event of a test of 15560 or on a direct rise above 15727.
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