The continued consolidation inside 17175-330, the lower band of the suggested trading range - Geojit Financial
NIFTY OUTLOOK
The continued consolidation inside 17175-330, the lower band of the suggested trading range, may have facilitated accumulation that encourages us to persist with the positive bias we took yesterday and hope for a leap into the 17430-530 region. Expect a quest for momentum today, and it will be fair to expect wild swings, but Nifty might take more time to break beyond 16900-17800 band.
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Trend reversal in FPI investment from buying in last 3 months to selling in Sep