The 14870-14940 region continued to remain a stubborn barrier yesterday - Geojit Financial
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Nifty Outlook:
The 14870-14940 region continued to remain a stubborn barrier yesterday as well, but favoured view expects the 15100 objective to be met soon. This confidence encourages us to raise our downside marker to 14900. Inability to float above 14900 would have to be taken as a weakening sign, but with several key supports at 14780- and 14600 nearby, directional downsides are less expected.
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