Nifty needs to close above, before we may be convinced of momentum siding with bulls for the next few days - Geojit Financial
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NIFTY OUTLOOK
It was only after fully achieving our target of 16500 did the oversold conditions come into play, yesterday. We have until 17220 before such oversold indicators straighten out, but 16840 would be a significant challenge that Nifty needs to close above, before we may be convinced of momentum siding with bulls for the next few days.
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