The decline to 15775-15685 region evolved yesterday on anticipated lines - Geojit Financial
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Nifty Outlook:
The decline to 15775-15685 region evolved yesterday on anticipated lines. Ideally this should rejuvenate the participants, having witnessed clear signs of bullish exhaustion lately. However, patterns aiding a vertical rise are still missing, but with signals towards a collapse also being few, the 16040-16350 view continues to be in play. Expect early positivity to be challenged inside the 15810- 15835 band, but we will keep the upsides bets in play for the day as long as 15780 holds.
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