The anticipated target of 15200 is within striking distance - Geojit Financial
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Nifty Outlook:
The anticipated target of 15200 is within striking distance, but the oscillator divergences suggested yesterday are not ripe enough to force a turn lower. Atleast not yet. Towards this end, expect another upward thrust towards 15500, but this move is expected to be swift, and sustainability doubted. Meanwhile, we will pull up the downside marker to 15058, the reaction low of yesterday, but better support is found at 14977.
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