01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
The 15179 region highlighted as the downside marker in the last two days - Geojit Financial
News By Tags | #4943 #879

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Nifty Outlook:

The 15179 region highlighted as the downside marker in the last two days, foiled multiple bear attacks yesterday. Such failed attacks may encourage bulls to lift prices today, but favoured view expects such attempts to be brief. Towards this end, the prospects of extended plunge towards 14740 will have to becarefully weighed, but may held off for a session or two to be acted upon. Alternatively, direct rise above 15298 could dilute the bear signs, encouraging us to look onward aiming 15660-16000, but favoured view fails to see the potential of a vertical rise, right away.

 

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