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Nifty Outlook:

Failure to breach 14870 confirmed our bearish fears, hurling Nifty onwards the 13800 trajectory yesterday. However, the bounce off Feb low off 14467 yesterday, gives a whiff of hope towards revival in uptrend. That, however, might be too much to ask on the last working day of the week. Reversal chances rest on the ability of dips to attract buying interest from the 14470-14440 vicinity. However, inability to do so, or to break 14600 will confirm the 13800 move, and sets up for 14100-200 by close.

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