IGI Logo

Nifty Outlook:

None of the swings breached the range extremities of 14900 or 15250 marked for yesterday, despite coming close to it, and the day finished almost at 15080, our pivot. We had raised serious doubts yesterday in our commentary, about our earlier surmise of clearing 15431.75, and were waiting for a confirmation to abandon the same. Towards this end, rather than dismissing yesterday’s close near pivot as just an indecisive day, we are inclined to set aside the upside plays for a while, and ride a potential 14600 swing, before committing to directional moves 

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